Nifty Bank index began today’s session with a notable gap-up at 53,025 versus yesterday’s close of 52,606. It has been rallying well after opening and is now trading at 53,870, up 2.4 per cent.

All 14 stocks in the index have advanced so far today. AU Small Finance Bank (up 3.6 per cent) and IndusInd Bank (up 3.5 per cent) are the top gainers so far today. ICICI Bank (up 1.3 per cent) appreciated the least.

Nifty PSU Bank has gained 2.3 per cent and Nifty Private Bank is up 2.1 per cent. Therefore, the public sector banks are marginally outperforming the private banks.

Nifty Bank futures

The March expiry Nifty Bank futures opened today’s session higher at 53,100 versus yesterday’s close of 52,708. It rose further after beginning the session and is now at 53,900, up 2.25 per cent.

The intraday price action shows that the bullishness is likely to sustain through the day. One the upside, Nifty Bank futures can rally to 55,500 over the next few sessions.

On the other hand, if the contract falls from the current level of 53,900, it can find support at 53,600 and 53,400. Given the prevailing positive momentum for the day, a breach of 53,400 is less likely.

Trade strategy

Go long on Nifty Bank futures (March) now at 53,900. Target and stop-loss can be 55,500 and 53,500 respectively. If neither of these levels are triggered today, traders can carry the position until the end of Friday’s sessions. 

Supports: 53,600 and 53,400

Resistances: 55,500 and 55,750

Published on March 25, 2026