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Bank Nifty Rallies to 55,592 on May 19; PNB and Federal Bank Among Top Gainers

Written by: Nikitha DeviUpdated on: May 19, 2025, 11:37 AM IST
Bank Nifty gained 237 points to 55,592.30 on May 19, 2025, driven by PSU bank stocks like PNB and SBI.
Bank Nifty Rallies to 55,592 on May 19; PNB and Federal Bank Among Top Gainers
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On May 19, 2025, Nifty Bank surged by 237.40 points, gaining 0.43% to reach 55,592.30 at 11:14 AM. This index close to its 52-week high of 56,098.70, a significant mark considering the 52-week low is 46,077.85. 

Bank Nifty on May 19, 2025

The index opened at 55,326.05, much higher than the previous close of 55,354.90. It touched an intraday low of 55,296.55 and a high of 55,650.25. 

Major Stocks Driving the Rally in Bank Nifty

However, IDFC First Bank was a drag on the index, losing 0.26%, trading at ₹69.

Conclusion

Bank Nifty continued its upward momentum on May 19, 2025, nearing its 52-week high. Gains in PSU banks like PNB, Federal Bank, and SBI boosted the rally. Despite minor pressure from IDFC First Bank, overall sentiment remained strong.

 

 
 
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: May 19, 2025, 11:37 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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