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Nifty Bank drops 370 points as PNB, Axis Bank, SBI, and other stocks fall up to 2%. What lies ahead?

Banking stocks declined sharply on Monday, pulling the Nifty Bank index down more than 370 points. PSU banks led the losses, while analysts flagged key support and resistance levels for traders. Technical indicators suggest near-term consolidation, with the next directional move likely to emerge from a breakout or breakdown.

Raccontata dathehindubusinessline.comeconomictimes.indiatimes.com

Confronto fonti

2 prospettive sulla stessa storia
AI · summaries
economictimes.indiatimes.comStai leggendo1 mesi fa

Nifty Bank drops 370 points as PNB, Axis Bank, SBI, and other stocks fall up to 2%. What lies ahead?

Banking stocks declined sharply on Monday, pulling the Nifty Bank index down more than 370 points. PSU banks led the losses, while analysts flagged key support and resistance levels for traders. Technical indicators…

originale
thehindubusinessline.com1 mesi fa

Sensex, Nifty trim losses as banking stocks offset IT rout, focus shifts to RBI MPC meeting

Sensex and Nifty recover from losses as banking stocks rally, with focus shifting to the upcoming RBI MPC meeting.

Timeline cronologica

  1. sabato 30 maggio 2026·thehindubusinessline.com

    Index Outlook: Hang in there

    Market outlook suggests vulnerability in Nifty 50, Sensex, and Nifty Bank indices, with potential for further declines.

  2. lunedì 1 giugno 2026·economictimes.indiatimes.com

    Nifty Bank drops 370 points as PNB, Axis Bank, SBI, and other stocks fall up to 2%. What lies ahead?

    Banking stocks declined sharply on Monday, pulling the Nifty Bank index down more than 370 points. PSU banks led the losses, while analysts flagged key support and resistance…

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originale
  • mercoledì 3 giugno 2026·economictimes.indiatimes.com

    Nifty Bank tumbles 600 points; IndusInd Bank, Yes Bank, SBI and other stocks fall up to 3%. What lies ahead?

    The Nifty Bank index plunged over 1% on Wednesday, tracking the broader market selloff, with the gauge falling 626 points to 53,089. AU Small Finance Bank and IndusInd Bank led…

  • mercoledì 3 giugno 2026·thehindubusinessline.com

    Sensex, Nifty trim losses as banking stocks offset IT rout, focus shifts to RBI MPC meeting

    Sensex and Nifty recover from losses as banking stocks rally, with focus shifting to the upcoming RBI MPC meeting.