Nifty Bank index opened today’s session lower at 55,103 compared to yesterday’s close of 55,181. It moved up after opening and is currently hovering around 55,325, up 0.25 per cent.
The advance/decline ratio is currently at 9/3, which shows a bullish bias. AU Small Finance Bank (up 1.5 per cent) and State Bank of India (up 0.6 per cent) are the top gainers.
On the other hand, IDFC First Bank (down 1.2 per cent), The Federal Bank (down 0.3 per cent) and Punjab National Bank (down 0.1 per cent) are the stocks in the Nifty Bank index that are down so far today.
Nifty PSU Bank has gained 0.3 per cent whereas Nifty Private Bank is up 0.1 per cent. Therefore, broadly, the public sector banks are outperforming their private peers.
Nifty Bank futures
The August Nifty Bank futures began today’s trade at 55,418 versus yesterday’s close of 55,433. It is now trading at 55,510, up 0.15 per cent.
The contract continues to trade within the price band of 55,000-55,850. So long as this range holds true, the path of the next leg of trend will remain uncertain.
If Nifty Bank futures breaks out of 55,850, the outlook can turn bullish, potentially leading to a rally to 56,500. But a breach of the support at 55,000 can trigger another leg of downtrend. Support below 55,000 is at 54,000.
Trade strategy
Nifty Bank futures (Aug) is moving across a sideways band. Stay out until either 55,000 or 55,850 is breached.
Supports: 55,000 and 54,000
Resistances: 55,850 and 56,500
Published on August 14, 2025
