The Banknifty index opened with a significant gap down and, after a brief consolidation, continued to decline. At one point, it showed signs of a recovery, but ultimately broke the psychological level of 45000 and closed below it. This suggests that sellers have taken control of the market, indicating a bearish sentiment in the Banknifty index.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.