Bank Nifty Surge: Financials Lead Market Rally to New Peaks on Global Cues and Oil Dip

The Bank Nifty index reached a fresh record high on Friday, June 12, 2026, climbing 1.30% to hit 55,898.50 points. This rally was broad-based, with significant buying momentum across both public sector units (PSUs) and major private banking heavyweights. Investors are reacting positively to cooling inflation data, easing crude oil prices, and optimistic global market signals.