07 Jan 2026 | 3 Mins Read

Bank Nifty drops, PSU Banks index reverses

Flipitmoney

HDFC Bank, IndusInd Bank, and others declined on Wednesday, dragging the Bank Nifty index lower by over half a percent. Bank Nifty slipped to 59,771.95, below 60,000. 10 out of 14 constituents were trading in the red with HDFC Bank down 5.5 percent over three days. Bank Nifty's support zone is 59,700-59,600, and resistance is around 60,500.