<ul data-eligibleForWebStory="true"><li>Nifty Bank's advance/decline ratio stands at 3/9 with top gainers including Kotak Mahindra Bank and HDFC Bank, while Canara Bank and Punjab National Bank are the top losers.</li><li>Private banks are limiting downside in Nifty Bank index compared to public sector banks. Nifty Private Bank is flat, while Nifty PSU Bank is down 0.9%.</li><li>June expiry Nifty Bank futures started lower at 55,550, now trading at 55,675, up 0.1%. Trading in a range of 55,450-55,800, waiting to establish a trend.</li><li>A breakout of 55,800 could provide positive momentum, potentially pushing the contract to 56,250 and then to 57,000.</li><li>On the downside, breaching 55,450 support could extend the downswing to 55,000, with subsequent support at 54,500.</li><li>Intraday trend of Nifty Bank futures (June) will be influenced by breaching 55,450 or 55,800 first. Approach cautiously and wait for a breakout.</li></ul>

Nifty Bank prediction today – June 16, 2025: Index tracing a narrow range

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