Powered by short-covering rally, benchmark indices on March 25 surged nearly 7 percent. Sensex jumped 2,116 points while Nifty topped 8,376 in intraday trade.
Among the sectoral indices, the BSE Energy index surged over 10 percent while the Bankex and Finance indices jumped 9 percent. All sectoral indices ended in the green.
The Nifty Bank index closed at 18,481.05, up 8.03 percent. The important pivot level, which will act as crucial support for the index, is placed at 17,164.33, followed by 15,847.57. On the upside, key resistance levels are placed at 19,269.03 and 20,056.96.
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