Nifty Bank outperforms Nifty and hits an all-time high. The 5,000-point rally from 50,000 to 55,000 on Nifty Bank took just 218 trading sessions.
The Nifty Bank Index consists of the most liquid and large Indian Banking stocks. It serves as a key benchmark that reflects performance of Indian banks.
On Monday, April 21, 2025, the index crossed the 55,000 mark for the first time and hit an all-time high of 55,461.65. It took nearly seven months to surpass the previous all-time set in September 2024.
As of 2:30 PM, all 12 constituents of the index were trading in green. The rally was led by HDFC Bank, Axis Bank and State Bank of India (SBI). Kotak Mahindra Bank, HDFC Bank and ICICI Bank hit a fresh 52-week high.
Here’s an interesting insight: the 5,000-point rally from 50,000 to 55,000 took about 218 trading sessions, making it the fastest 5,000-points gain to cross the milestone level of 55,000 on Nifty Bank.
In comparison, the rally from 35,000 to 40,000 took about 259 trading sessions, and the move from 15,000 to 20,000 took about 249 trading sessions.
Below is a table showing the number of trading days taken for each 5,000-point rally:
From | To | Trading Sessions |
10,000 | 15,000 | 2,351 |
15,000 | 20,000 | 249 |
20,000 | 25,000 | 920 |
25,000 | 30,000 | 604 |
30,000 | 35,000 | 680 |
35,000 | 40,000 | 259 |
40,000 | 45,000 | 620 |
45,000 | 50,000 | 336 |
50,000 | 55,000 | 218 |
For the month of April so far, the Nifty Bank is up by 7.2%, while on a year-to-date basis, it has gained 8.7% as of April 21.
Disclaimer: The article is for informational purposes only and not investment advice.