New Delhi, Nov. 17 -- The flagship banking index of the Indian stock market - Nifty Bank - surged to a fresh record high on Monday, November 17, topping the 59,000 level for the first time.

A host of triggers, ranging from positive earnings outcomes, valuation comfort, to reports of mergers in the PSU banking space, sparked this rise in the Nifty Bank index today.

More to come.

Published by HT Digital Content Services with permission from MINT....