Market Resilience Tested: Nifty Holds 24,000 as Banking Sector Struggles

Market Resilience Tested: Nifty Holds 24,000 as Banking Sector Struggles

Indian equity markets demonstrated resilience on May 6 as the Nifty 50 index managed to maintain its critical psychological threshold of 24,000, even as the banking sector faced significant selling pressure. While the broader market found stability, the Bank Nifty index lagged behind, closing 0.6 percent lower and signaling a widening divergence between financial stocks…

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