Banking stocks continued their recovery momentum, with Bank Nifty extending gains for the third consecutive session, rebounding strongly from intraday lows and moving into positive territory.
During the session, Bank Nifty bounced nearly 400 points from its day’s low, supported by broad-based buying across banking names. Out of the 12 constituents in the index, 10 stocks were trading in the green, while Axis Bank and HDFC Bank remained the only laggards.
With this move, Bank Nifty has gained over 1 percent in the last three sessions, signalling improving sentiment in banking stocks after recent volatility.
Top Bank Nifty Gainers
IDFC First Bank led the rally, rising nearly 2 percent, followed by Federal Bank, which gained around 1.4 percent. Canara Bank also saw healthy buying interest, climbing close to 1.1 percent.
The sharp intraday recovery highlights renewed investor confidence in banking stocks, even as broader market conditions remain cautious.
Keywords: Bank Nifty today, banking stocks rally, Bank Nifty gains, IDFC First Bank share price, Federal Bank stock, Indian banking sector performance
