Nifty Bank hits fresh record high surpasses 49000 for the first time; what should traders do?



The Nifty Bank hit a fresh record high above 49000 for the first time on Wednesday tracking positive global cues. The index rose 256 points to close at 48,986. It hit a record high of 49,057 in trade today. The Nifty50 also hit a fresh record high of 22,775.