Welcome to our live updates on Bank Nifty’s stock price as of October 8, 2024. The Bank Nifty index is currently trading at 50,478.9, reflecting a decrease of 1.91% from previous levels. Throughout the trading session, the Bank Nifty has fluctuated within a range of 51,784.8 to 50,194.3. Notably, Nifty futures are reported at 51,016.25, maintaining a steady status with no percentage change, accompanied by a significant open interest change of 14.99%. This trend suggests a continuation of bullish sentiments among investors in the near future.
Please note that this is an AI-generated live blog and has not been edited by LiveMint staff.
Today’s Live Updates on Bank Nifty’s Share Price: Resistance and Support Levels
As the market progresses, Bank Nifty encounters several key resistance and support levels which are crucial for understanding potential price movements. Here are the significant levels at 09:00 AM:
| Resistance 1 (R1) | 52,099.8 | Resistance 2 (R2) | 52,737.55 | Resistance 3 (R3) | 53,690.3 |
|---|---|---|---|---|---|
| Support 1 (S1) | 50,509.3 | Support 2 (S2) | 49,556.55 | Support 3 (S3) | 48,918.8 |
Bank Nifty Price Update: Last Trading Day’s Performance
On the previous trading day, Bank Nifty concluded at 51,462.05. This closing price is a vital indicator of the banking sector’s performance, encapsulating investor sentiment and the underlying market dynamics of that session. Understanding this closing price is key for market participants as it offers insights into potential trends and facilitates informed decision-making for future investments.
