The Nifty Bank managed to reclaim crucial resistance levels and any dips towards 47,000 could be used as a buying opportunity. Federal Bank, HDFC Bank, AU Small Finance Bank, and Bandhan Bank rose more than 1% each.
PNB, Federal Bank, Bank of Baroda, SBI and HDFC Bank led gains in Nifty Bank index, while selling was seen in Axis Bank, AU Small Finance Bank, ICICI Bank and Kotak Bank.
The Nifty Bank failed to hold on to the 46,000 level and the next big support for the index is placed at 45,500-45,800 levels, suggested experts. Top losers in the Nifty Bank index include HDFC Bank, AU Small Finance Bank, IndusInd Bank and Bandhan Bank.