Nifty Bank Index

Rising interest rates, coupled with this year's rout in the Adani conglomerate's stocks, have also weighed on the local market

Sensex and Nifty need to conquer 100-DMA to avoid a major sell-off. Global cues, too, need to remain supportive for the up trend to resume

The NSE Nifty Bank can rally to the 40,000-mark, after it successfully conquers its 200-DMA.

If the BSE Sensex and the NSE Nifty 50 cross their respective 100-DMAs, the benchmarks can easily rally another 2.50 per cent each.

Banking shares have bounced back strongly in trades on Thursday amid hopes of a peace deal between Russia and Ukraine on planned diplomatic talks.

Similarly, the Bank Nifty may shed another 7 per cent to 30,500-31,000 levels.

Nifty Auto, Nifty Realty, Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services indices were down in the range of 4 per cent to 5 per cent on the NSE.

The Sensex and Nifty can gain 2 per cent, while Auto and Realty indices seem poised for higher gains

As long as the underneath trend is bullish, volatility and minor dips shall be seen as opportunities to go long

A Death Cross, Descending triangle and a breach of significant levels reflect downside up to 16% for these banking shares

Nifty Bank was trading lower for the sixth straight day, having fallen 8 per cent during the period

Expect PNB, Bandhan Bank and other banks to trade with a negative bias below 200-DMA

The overall market trend looks bullish; weakness, if any, may see investors buy at lower levels. Here's what technical charts indicate

While fundamental analysts have been sounding alarm over high valuations in the equity markets, given the sharp bull run, they continue to be bullish on Indian markets from a long-term perspective

A breakout in Nifty Bank index may trigger an upside of up to 15% in bank stocks. Here are the key levels one needs to keep a tab on for frontline bank stocks

The optimism is expected to continue in September. The Sensex can move up by around 2,000 points in the coming month, charts suggest

Nifty Bank is expected to touch 36,600 levels, as per the technical chart

Nifty50's stability above 15,300-mark shows a further breakout towards 15,700 and 16,000 levels, as per the weekly chart

Nifty Bank is expected to rally over 5 per cent once 34,350 is conquered and held on a closing basis, technical charts suggest

The Nifty Bank index has come off 15 per cent from its peak in February, underperforming the benchmark Nifty which is down 6%