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Bank Nifty Trades Lower on June 2 Amid PSU Bank Gains

Written by: Nikitha DeviUpdated on: Jun 2, 2025, 10:50 AM IST
Bank Nifty traded lower on June 2, 2025, but gains in PSU banks like PNB and BoB helped limit losses and supported the index during intraday trade.
Bank Nifty Trades Lower on June 2 Amid PSU Bank Gains
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On June 2, 2025, Nifty Bank dropped by 79.15 points, declining 0.14% to reach 55,670.55 at 10:48 AM.  

Bank Nifty on June 2, 2025

The index opened at 55,598.25, dropping from its previous close of 55,749.70. It touched an intraday low of 55,400.55 and a high of 55,787.10. 

Major Stocks Driving the Rally in Bank Nifty

Only HDFC Bank, ICICI Bank and Kotak Mahindra Bank were trading in green, down by over 0.5% each.

Also Read: Vodafone Idea Reports 2.2% Revenue Growth in FY25 Results!

Conclusion

Despite some intraday volatility, key banking stocks, like Punjab National Bank and Bank of Baroda led gains, supporting a positive momentum in Bank Nifty.

 
 
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: Jun 2, 2025, 10:50 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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