Bank Nifty lost momentum on November 21, ending a two-session winning streak as investors booked profits at elevated levels. The pullback came after the index notched fresh record highs for consecutive sessions, supported by upbeat sentiment and robust earnings. Earlier in the day, the index dropped nearly 0.9 percent to 58,833, with analysts flagging key levels to monitor.
Despite Friday’s decline, Bank Nifty remains firmly positive on a weekly basis, up more than 0.5 percent so far. It has closed higher for three straight weeks since October 27, and if it sustains gains through the week, it will mark the index’s longest winning run since early June. Strong performances from major constituents, including HDFC Bank and State Bank of India, have underpinned the recent rally. On Thursday, t

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