Nifty Bank bounces back, reclaims 52,500 levels; buy on dips, suggest experts

The Nifty Bank rose nearly 100 points to close at 52,517 while the Nifty50 hit fresh record highs above 24,400 levels. HDFC Bank, SBI, PNB and ICICI Bank closed with gains while selling was seen in AU Small Finance Bank, Kotak Bank, IDFC First Bank and Bandhan Bank.