Nifty Bank faces selling pressure at higher levels; support seen at 52,000-51,800: Experts

Axis Bank and Federal Bank ended the day with gains, whereas SBI, AU Small Finance Bank, Bank of Baroda, PNB, and Bandhan Bank experienced selling pressure. The banking index is currently trading near the critical support level of 52,000, suggesting a potential technical rebound. However, if the index closes below this key support, it could trigger additional selling pressure.