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Market Highlights:
Bank Nifty scaled a new all-time high of 57,263.45 on June 27, 2025.
HDFC Bank and Axis Bank shares jumped by up to 2%.
Overall bullish sentiment driven by strong banking fundamentals, global cues, and FIIs inflows.
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Why Did Bank Nifty Soar Today?
The Bank Nifty index has been gaining strong momentum over the past few sessions. But today’s breakout to an all-time high of 57,263 was significant. Here’s why:
1. Strong Performance by Private Sector Banks
HDFC Bank rose nearly 2%, supported by rising loan disbursals and positive management commentary on credit growth.
Axis Bank also surged over 1.8%, driven by institutional buying and improving NPA numbers.
2. Foreign Institutional Investor (FII) Buying
FIIs have been net buyers in the Indian equity market for the past few weeks.
Banking stocks, being the backbone of the Indian economy, are among their top picks.
3. Positive Global Cues
US markets closed higher, and Asian indices followed the trend.
With cooling inflation and interest rate pause expectations, investor sentiment has turned bullish.
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Top Gainers in Bank Nifty Today:
Stock Name % Change Last Traded Price
HDFC Bank +2.01% ₹1,784.20
Axis Bank +1.82% ₹1,182.50
ICICI Bank +1.40% ₹1,142.70
Kotak Bank +1.15% ₹1,675.90
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Technical View on Bank Nifty
Support Level: 56,400
Resistance Level: 57,500
RSI is above 70, indicating strong momentum but also nearing overbought zone.
Breakout above 57,300 could take the index to 58,000+ in the short term.
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Expert Opinion
> “The banking sector is showing strong leadership in this bull run. With HDFC Bank and Axis Bank leading, we might see further upside in PSU and midcap banks too.”
— Market Analyst, Zee Business
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What Should Traders & Investors Do Now?
Short-term traders can look for dips to enter long positions around 56,700–56,800.
Long-term investors should continue holding quality names like HDFC Bank, ICICI Bank, Axis Bank, and SBI.
Keep a close watch on RBI policy cues and global bond yields for trend confirmation.
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Final Thoughts
The Bank Nifty rally today shows the strength of India’s financial sector. With HDFC Bank and Axis Bank breaking out, the momentum is likely to continue. However, always follow risk management and stay updated with news that affects market sentiment.
Bank Nifty scaled a new all-time high of 57,263.45 on June 27, 2025.
HDFC Bank and Axis Bank shares jumped by up to 2%.
Overall bullish sentiment driven by strong banking fundamentals, global cues, and FIIs inflows.
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