The Nifty Bank index closed on a positive note on Thursday. Shares of Bank of Baroda(up 1.55 per cent), State Bank of India(up 0.67 per cent), Canara Bank(up 0.54 per cent), ICICI Bank Ltd.(up 0.5 per cent) and Punjab National Bank(up 0.

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 22,567 level, a premium of nearly 37 points from the Nifty futures’ previous close.

An analyst from StoxBox said that Yes Bank struggles to hold key support levels and lacks clear directional momentum. The RSI stands at 30.85, nearing oversold territory but not yet signaling a reversal.