Nifty Bank prediction today – December 5, 2025: Nifty Bank futures: Intraday rally on the cards

Core Viewpoint - The Nifty Bank index shows a bullish trend with a notable increase in public sector banks outperforming private banks, indicating strong market momentum and potential for further gains in the near term [1][2]. Group 1: Nifty Bank Index Performance - The Nifty Bank index opened lower at 59,133 but quickly rallied to around 59,570, reflecting an increase of nearly 0.5% [1]. - The advance/decline ratio stands at 10/2, suggesting a strong bullish bias in the market [1]. - Punjab National Bank and IDFC First Bank are leading with a rise of 1.5% each, while IndusInd Bank and Axis Bank are the top losers, down 0.2% and 0.15% respectively [1]. Group 2: Nifty PSU and Private Bank Performance - The Nifty PSU Bank index has increased by 1% today, while the Nifty Private Bank index has risen by 0.3%, indicating that public sector banks are outperforming their private counterparts [2]. Group 3: Nifty Bank Futures - The December expiry Nifty Bank futures opened at 59,647 and are currently trading at 59,920, up about 0.5% [3]. - A strong rebound in the first hour of trading suggests considerable bullish momentum, with expectations for the futures to rally to 60,500 soon, and potentially to 61,000 if the rally continues [3]. - If the futures fall below 59,500, it could lead to a further decline to the support level of 59,000 [4]. Group 4: Trade Strategy - A recommendation was made to buy Nifty Bank futures at an average price of 59,720, with a stop-loss set at 59,300 and profit booking suggested at 60,500 [5]. - Support levels are identified at 59,120 and 59,000, while resistance levels are at 60,000 and 60,500 [5].