Nifty Bank rallies over 1,000 points, hits new high; Axis, I

During the day, the banking benchmark scaled a fresh record high of 49,473. ICICI Bank, Axis Bank, and SBI also hit fresh 52-week highs in intraday trade. AU Small Finance Bank closed with gains of over 6%, while ICICI Bank gained more than 4% and SBI ended over 3% higher.

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