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Nifty Bank Hits Record High, Surpassing Previous Peak
17 Oct
Summary
- Nifty Bank index reaches all-time high of 57,651.30
- Gains led by HDFC Bank, ICICI Bank, and Axis Bank
- Nifty Bank outperforms broader Nifty index in 2025
On October 17, 2025, the Nifty Bank index has reached a new all-time high of 57,651.30, rallying around 10,000 points from its March 2025 lows and surpassing its previous peak of 57,628.40 recorded on July 2, 2025. The 12-stock banking index gained 229 points in the morning session, led by gains in heavyweight stocks like HDFC Bank, ICICI Bank, and Axis Bank.
So far in 2025, the Nifty Bank index has outperformed the broader Nifty index, rising over 13% compared to less than 9% gains for the headline index. Among major sectoral indices, Nifty IT remains the worst performer, down about 19% year-to-date.
Meanwhile, the Nifty index itself has touched a fresh 52-week high above the 25,700 level, though it remains around 570 points below its all-time peak of 26,277 reached on September 27, 2024. Analysts expect the Nifty Bank to continue outperforming the broader market in the near term, driven by easing financial conditions and regulatory support to boost credit flow.
