Nifty Bank hits record highs but pare gains to close above 53,000



The Nifty Bank achieved new record highs on Thursday but struggled to maintain the momentum and ultimately pared most of its gains, closing nearly flat. The index rose by 14 points to settle at 53,103, after reaching an intraday record high of 53,357. Meanwhile, the Nifty50 also saw a slight increase, rising by 15 points to close at 24,302.

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