The Nifty Bank recouped losses on Wednesday to close in the green which suggests that bulls are here to stay.The index rose 78 points to close at 47,624 while the Nifty50 fell 18 points to close at 22,434.PNB, AU Small Finance Bank, Axis Bank, and SBI led the gains while some profit-taking was seen in Kotak Bank, Bandhan Bank, IndusInd Bank, and ICICI Bank.The Nifty Bank bounced back from its crucial support levels, which is a positive sign for the bulls. On the upside, resistance is seen at 48,000, suggest experts.”The Bank Nifty index experienced buying pressure from lower levels and managed to sustain above the support zone of 47,500-47,400,” Kunal Shah, Senior Technical &…
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