Nifty Bank Ends Flat at 55,139 Amid Volatile Trade
10.10 points (0.02%) to settle at
55,139.30 after a day of volatile trading.
The index opened at 55,147.75, touched a high of
55,306.00, and slipped to an intraday low of
55,048.40.
Market Movement
The session witnessed sharp intraday swings, with the index slipping below the
55,100 mark during morning trade, before recovering slightly in the afternoon.
By 2:40 pm, the index was hovering around
55,126.65, reflecting subdued investor sentiment.
Key Takeaways
- Closing Level: 55,139.30 (down 0.02%)
- Day’s Range: High 55,306.00 – Low 55,048.40
- Intraday Trend: Weak opening, mid-day dip, partial recovery in afternoon
Outlook
Analysts note that the index is consolidating near the
55,000 support zone, with
55,300–55,350 acting as an immediate resistance level.
Broader cues from RBI policy signals, global interest rate moves, and banking sector earnings
are expected to guide near-term momentum.
Source: NSE market data (updated 25-Aug-2025, 15:30 IST)
Leave a Reply