Bank Nifty hit a record high of 44,483.3 on May 17, following the release of strong Q4 results and non-stop Foreign Institutional Investment (FII) buying. Despite falling short of the previous high reached on December 14, 2022, by just 0.10 points, experts remain positive on the banking index as most banks reported stellar earnings in Q4 with improvements in asset quality. The index may remain a market performer and declines towards 43,500 are viewed as a buying opportunity, according to ICICI Securities.