On January 2, 2026, at 12:17 PM IST, India’s Nifty Private Bank Index surged 0.67% to a record high of 28,981.90, led by HDFC Bank, ICICI Bank, Axis Bank, and Kotak Mahindra Bank. Strong loan growth, improved asset quality, and digital adoption fueled the rally, boosting investor confidence in private lenders.
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