Bank Nifty hits record high, eyes 60,000 on strong momentum

Bank Nifty breached its previous high of 57,628 on Friday, riding a surge in banking stocks and ahead of key earnings from HDFC Bank and ICICI Bank. According to SEBI-registered analyst Finkhoz, the index's breakout above 57,500, backed by strong volumes and positive technicals, signals a potential rally toward 60,000, even as short-term profit booking is likely near 58,200.