Nifty Bank closes lower; support seen around 52,000 next week: Experts

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The Nifty Bank closed lower for the second consecutive day in a row on Friday tracking muted cues and profit booking at higher levels. For the week, the Nifty Bank closed with gains of 0.6%.

The Nifty Bank fell more than 400 points to close at 52,660 while the Nifty50 rose more than 21 points to close at 24,323 on Friday.

PNB, Bank of Baroda, SBI, and The Federal Bank were among top gainers while selling was seen in AU Small Finance Bank, IndusInd Bank, Bandhan Bank, and HDFC Bank.

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