The Economic Times

Nifty Bank crashes 1,800 points in 2 days, slips below 54K for first time in 4 months. Whats next?

Banking stocks have come under heavy pressure, with the Nifty Bank index plunging nearly 1,800 points in two days and slipping below 54,000 for the first time since early June. The selloff has been driven by concerns over potential RBI rate hikes and rising bond yields.