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  5. NIFTY Expiry & BANK NIFTY analysis: Positive bias in NIFTY and BANK NIFTY trade setup

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NIFTY Expiry & BANK NIFTY analysis: Positive bias in NIFTY and BANK NIFTY trade setup

Gauri Singh
By Gauri Singh

3m 0s | Updated on July 04, 2024, 09:24 IST

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SUMMARY

Let's take a look at the NIFTY expiry and BANK NIFTY trade setup.

NIFTY had a gap-up start today, maintaining a positive bias as it consolidated its opening gains. The buying momentum in HDFC Bank and the overall private banking space contributed to this positive trend. BANK NIFTY started with a strong gap-up, opening around 600 points higher due to buying in private banks, especially HDFC Bank, which jumped by 2%.

About The Author

Gauri Singh
Gauri Singh is an anchor and journalist with over a decade of experience, currently covering business, finance and general news. Beyond her professional pursuits as a storyteller, she is a cricket fan, loves travelling and is a dedicated yoga practitioner.

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