After recording the recording of long intraaday, the bank newty falls; Will the upward activity continue?

After recording the recording of long intraaday, the bank newty falls; Will the upward activity continue?

After hit a new record high in the early trading today (June 30, 2025) of 57,614.5, the good index sold in red 0.19 percentage of 57,336. Important, the long beta good bank index logged on the new all time high for the third consecutive session in a row.

On one-year date (YTD) basis, the delicate bank rides around 13 percent, significantly out of the bluchip is a good time to move around 8 percent.

In 12 constituents, 8 stocks are advanced, while the remaining four saw the booking of profit. From the pack, basic state banks are leading profits, with stocks such as Punjab National Bank (up to 4 percent), Barans bank), by 3 percent) and SBI (up 2 percent).

However stocks such as Axis Bank, Kotak Mahindra Bank, Icici Bank and HDFC Bank brings laggards with a fall of up to 2 percent.

The Sector of Banking Outperforms Marker Market in June

Ravi Singh, SVP – Retail Spears, noticed by Carrelare Stecing that the sector sectorformed is a wider market in June, with 3 percent of approximately 1,800 points.

Teaching its technical technically, expertly have a noticeable increase in open interest (OI), which increases about 20 lakhs in over 1,700 points – indicating strong build-ups.

What does the bank’s bank drive in new times all the time?

Singh underlined that the uptrend is primarily driven by leading private banks such as HDFC Bank, while the Axis bank, while the index of the axis, while the axis index remains flat. Overall, the momentum of private banks has an important role in strengthening the bank’s bank performance in June June.

The combination of strong technical structure and favorable setting of Derivatives suggests that bank reasons remain supported, provided with support key support, he added.

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