Bank Nifty Tops 60,000 For The First Time: What’s Driving The Record Rally Today?

On Monday, Financial institution Nifty performed a milestone by starting up the day above 60,000 for the most foremost time in its history, speedily mountain climbing to a morning height of 60,114.05. In the preliminary minutes of trading, the index became up around 0.52%.

Utilizing on sturdy GDP files launched last week, continued foreign fund inflows and rising expectations of monetary easing by each the US Federal Reserve and the Reserve Financial institution of India, the banking gauge opened at 60,102.05 and suddenly touched an intraday excessive of 60,114.05. By 10:05 IST on 1 December 2025, the index became trading around 60,067, reflecting a healthy salvage of roughly half of a percent from Friday’s shut.

Financial institution of Baroda led the payment with a solid 2.66% salvage, trading at Rs 297.50 ranges within the morning. Kotak Mahindra Financial institution Dinky adopted carefully, leaping 1.35%, while PNB climbed a healthy 1.12%. Advise Financial institution of India evolved 1.00%, Canara Financial institution rose 0.67%, ICICI Financial institution added 0.41% to effect Rs 1,394.50, further, AU Limited Finance Financial institution is up by 0.28%, HDFC added 0.24%, Axis Financial institution evolved by 0.20%, Federal Financial institution rose to 0.10% and IDFC First Financial institution at 0.01%, all staying firmly within the green.

IndusInd Financial institution Dinky lagged a little bit of of early change at -0.40%.

The broader market also mirrored the upbeat temper, with each the Nifty 50 index opening at 26,325.80, marking a salvage of 122.85 factors (0.47 per cent) and the BSE Sensex opening at 86,065.92, up 359.25 factors (0.42 per cent), starting up the week on a firm footing, supported by the same certain triggers that propelled the banking house.

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