The index closed flat with a positive bias at 46,841. It touched an intraday high of 46,927 and an intraday low of 46,507. The Nifty50 index, too, fell but managed to close above 20,900.
The index closed 177 points lower at 46,834. It had hit a record high of 47,259. The Nifty index closed 82 points higher at 20,937. The fall in the Nifty Bank index was led by losses in Axis Bank, AU Small Finance Bank, ICICI Bank and Federal Bank.
The Nifty Bank index opened strong and continued its bull run but it failed to hold on to the momentum and witnessed some profit booking at higher levels. The index formed a ‘Doji kind of candle on the daily charts which suggests indecisiveness among the bulls and bears.