Category Archives: Bank Nifty yearly

2024 Financial Outlook: Bank Nifty Yearly Forecast Analysis

By | January 6, 2024 10:53 pm

In 2023, BANK NIFTY  witnessed a robust performance with approximately a 12% increase. Bank  Nifty soared by 5305 points, reaching the 48292 trading near its All time High. This impressive rally was fueled by consistent domestic mutual fund inflows, a resurgence in foreign buying, better-than-expected economic growth, and strong corporate earnings. As the financial landscape… Read More »

BANK NIFTY Predictions and Forecasts for 2022

By | January 3, 2022 7:49 am

Considering 2021 as a whole, the BANK NIFTY booked a 13% yearly gain. Nifty Bank index is on course to mark its second straight year of underperformance to the Nifty50. The banking index trailed the returns of the benchmark by 10% in 2021, after a 18 % underperformance in 2020. Given the underperformance of the… Read More »