Continuing the record breaking spree, Nifty Bank settled above 25,000-mark for the first time ever on Monday. In July itself, the index outperformed frontline indices by rallying over 8% as compared to a 5.8% rise in the Nifty50 index.
The index first hit the 20,000 mark on January 23, 2015 on a closing basis. It took the index 623 sessions or 30 months to cross the next 5000 points. In this 5000-point journey, private banks contributed the most to the index while all PSU banks were negative for the period.
While YES Bank, IndusInd Bank, HDFC Bank and
The index first hit the 20,000 mark on January 23, 2015 on a closing basis. It took the index 623 sessions or 30 months to cross the next 5000 points. In this 5000-point journey, private banks contributed the most to the index while all PSU banks were negative for the period.
While YES Bank, IndusInd Bank, HDFC Bank and