๐ Nifty & Bank Nifty Today โ 17 June 2025
The markets continued to trade with a cautious tone: Nifty Bank slipped marginally by 0.06%, reflecting weak sentiment across the board. Nifty50 remained under pressure, closing below 24,900 amid global concerns and firm crude oil prices. ๐ฆ Banking Sector Snapshot HDFC Bank fell ~0.3% with heavy volumes, still trading ~3.3% below its 52-week high. Kotak Mahindra Bank showed resilience, dipping just ~0.1% and outperforming major peers. Other private and PSU banks, including ICICI, IndusInd, and Yes Bank, saw mild to moderate selling pressure. ๐ Technical View Nifty50 has immediate support between 24,750โ24,900 โ a break below could extend downside. Bank Nifty faces a strong resistance at 56,000 โ a sustained move above this level may trigger bullish momentum. ๐ฌ Whatโs Your Move? Are you seeing a buying opportunity or waiting for confirmation? Drop a ๐ป if youโre cautious, or ๐ if youโre bullish on banks!

















