𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The Nifty Bank index rallied over 1,600 points on Monday, tracking BJP's exceptional performance in the state elections and strong global cues.
• The near-term target for the index is placed at 47,000, with robust support identified at the 46,000-45,800 zone.
• Bank Nifty opened with a gap on the upside and remained strong throughout the day, closing at an all-time high of 46,484 levels.