Nifty Bank falls over 1%, closes below 50-DMA; important levels to track on Friday: Experts



The Nifty Bank fell more than 1% on Thursday tracking weak global cues to close below its crucial psychological support of 48,000. The index fell 533 points to close at 47,487 while the Nifty50 saw a decline of 345 points to close below the 22,000 mark.