Bank Nifty Soars to All-Time High on Strong Q3 Updates; ICICI, Yes Bank Lead Rally

• Bank Nifty climbed 0.73% to a new all-time high of 60,152.35, surpassing its previous peak.
• Nifty PSU Bank and Nifty Private Bank indices also hit new lifetime highs during the session.
• Yes Bank led gains, jumping over 3%; ICICI Bank, Union Bank, IndusInd Bank, PNB, and Bank of Baroda also rose.
• The rally is underpinned by robust third-quarter business updates, recovering loan growth, and strengthened balance sheets.
• Expert Sudeep Shah suggests a sustained move above 60,000 could extend the uptrend towards 60,600.

Why It Matters: Bank Nifty achieves record high, fueled by strong Q3 updates and positive banking sector outlook.