NIFTY BANK PERFORMANCE OF THE WEEK-37/2020

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Nifty bank performance has been suffered bearish trend since last two week-36,37 In this week-37 nifty bank did not perform good banking sector given three down fall in this week banking sector is not able to recovering the resistance level 25000.00. In week-36 nifty bank given three big down fall first one was on Monday and second one was on Thursday and third on was on Friday that down fall was less than (-1.00%) loss. In week-36 at Monday nifty bank opened with high gap value 25038.80 and at Friday closed with 23011.50 (-6.17%) loss nifty bank made resistance level 25000+ at Monday and it made support level 23000+ at Friday. In week-37 at Monday nifty bank opened with 23036.25 and at Friday closed with 22479.95 (-2.31%) loss nifty bank made resistance level 23000+ at Monday and it made support level 22400+ at Friday. So overall performance banking sector appeared with high bearish trend.

Nifty bank’s performance of the week-37 such as, At Monday nifty bank opened with 23036.25 and closed with 22945.05 (-0.29%) loss. At Tuesday nifty bank opened with 22971.20 and closed with 22744.40 (-0.87%) loss. At Wednesday nifty bank opened with 22486.70 and closed with 22267.00 (-2.10%) loss. At Thursday nifty bank opened with 22466.55 and closed with 22466.20 (+0.89%) gain. At Friday nifty bank opened with 22509.95 and closed with 22479.95 (+0.06%) gain.

DateOpen PriceHigh PriceLow PriceClose PricePrevious Close PriceInterest Rate ValueInterest Rate%
Monday, September 7, 202023036.2523109.1022716.2522945.0523011.50-66.45-0.29
Tuesday, September 8, 202022971.2023064.1522641.4022744.4022945.05-200.65-0.87
Wednesday, September 9, 202022486.7022554.6022080.4022267.0022744.40-477.40-2.10
Thursday, September 10, 202022466.5522678.6522225.2522466.2022267.00199.200.89
Friday, September 11, 202022509.9522668.7522205.9522479.9522466.2013.750.06

*Nifty Bank’s Top Gainer Stocks Of The Week-37 Given As Below:

DateCompany's NameOpen PriceHigh PriceLow PriceClose PricePrevious Close PriceInterest Rate ValueInterest Rate %
Monday, September 7, 2020Axis Bank457.00467.15450.65458.70455.203.500.77
Bank Of Baroda46.0046.5045.0046.2045.900.300.65
SBI207.50209.65205.40207.90206.601.300.63
PNB33.8534.0533.5033.8033.650.150.45
ICICI Bank374.10376.85369.00373.40372.550.850.23
Tuesday, September 8, 2020ICICI Bank372.40381.30369.15375.70373.402.300.62
HDFC Bank1114.001118.801103.001112.451110.501.950.18
Wednesday, September 9, 2020Indusind Bank590.00609.70588.65604.60600.404.200.70
Thursday, September 10, 2020IDFC First Bank29.7530.9029.7030.6529.401.254.25
Axis Bank436.45448.70430.75446.85431.2515.603.62
Bank Of Baroda44.8045.8044.6045.6044.351.252.82
RBL Bank177.50183.85177.50180.50175.604.902.79
Indusind Bank614.00627.80610.00620.45604.6015.852.62
Friday, September 11, 2020SBI198.55203.85197.00202.70198.154.552.30
Bandhan Bank304.00314.50303.00311.80307.054.751.55
IDFC First Bank30.8031.2030.4031.0530.650.401.31
RBL Bank180.50184.20178.75182.65180.502.151.19
Federal Bank51.4052.1550.8551.8051.250.551.07


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