Bank Nifty starts new financial year 2023-24 journey from crucial 40500 levels.
This year may remain heavily bullish for banking industries as Indian banks are generating heavy revenues.
PAT is also great for some leading private sector banks and this leads the bank-nifty index from 40500 to 42800 in just first month of new fiscal year.
Almost 2500 points upside happens and the indications seems that it will more to go.
Indian banks performing very well and hope the journey will continue.
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