Nifty and Bank index poised to touch new highs: Analysts

The Nifty is likely to scale new all-time highs soon as technical indicators point to stability in the market. The index could advance by 1-2% to 15,600-15,700 this week, said technical analysts. The Nifty hit a fresh high of 14,469.65 on Friday before settling at 15,435.65. The Bank Nifty is also likely to reclaim record highs in June, said analysts.

via Economictimes

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