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Bank Nifty market cap crosses ₹50 lakh crore as financials extend multi-week rally
Bank Nifty crossed ₹50 lakh crore in market cap as private lenders lifted the index amid healthy credit trends and strong domestic flows.
Banking stocks continued their strong upward trend on Friday, pushing the Bank Nifty’s total market capitalisation beyond ₹50 lakh crore for the first time. Moneycontrol noted that private lenders such as ICICI Bank, Axis Bank, and Kotak Mahindra Bank drove the sector higher.