BANKNIFTY STRONG REVERSAL: FROM WEAKNESS TO 780+ POINT RECOVERY!

BankNifty witnessed a sharp intraday turnaround on June 2, 2026, recovering over 780 points from the day’s low by 1:30 PM. The index successfully reversed early weakness and moved into positive territory, showcasing strong buying interest at lower levels and improved sentiment in the banking space. Among constituents, $FEDERALBNK up 1.8%emerged as one of the top gainers, supporting the recovery momentum. On the other hand, $AXISBANK remained under pressure down 0.85% and was the top loser during the session. The broad-based recovery highlights resilience in select heavyweight banking stocks despite initial selling pressure. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.