Nifty Bank fails to hold 50,000; next support placed at 49,320: Experts

Snapping a 3-day winning streak, Nifty Bank fell 22 points to close at 49,780 on Monday. Nifty 50, on the other hand, was down over 30 points to close at 23,259. SBI, PNB, Bandhan Bank, Axis Bank and Bank of Baroda saw good buying while selling was seen in IDFC First Bank, IndusInd Bank, Kotak Bank and HDFC Bank.