Dalal Street bulls seem to be rejoicing in the run-up to Diwali, with the well-tracked banking index climbing to a fresh high on Friday, ahead of the festival of lights next week.
Rebounding over 10,000 points from its March 2025 low of 47,702.90, the Nifty Bank index surged to a fresh high of 57,828.30 in intraday deals today, October 17. With this, the index crossed its previous record of 57,628.40 scaled in July 2025 as per data available.