Bank Nifty hits record high—here's what's behind the buzz

Business Nov 27, 2025

Bank Nifty just broke its own record, jumping to 59,802.65 on Thursday after a solid 700-point leap the day before.
It's up 17% this year—way ahead of the Nifty 50's 10.7% gain.
The rally comes as global markets stay upbeat amid expectations of interest rate cuts in both India and the US.

HDFC Bank and ICICI Bank steal the spotlight

HDFC Bank led the charge, climbing 1.05% to ₹1,014.4, with ICICI Bank close behind at a 0.72% rise.
Canara Bank and IDFC First Bank also saw small gains, while AU Small Finance Bank dipped slightly.
Investors are feeling positive ahead of December's big policy meeting where possible rate cuts are on the table.