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![Nifty Bank hits record highs but pares gains to close flat above 53,000](https://img.etimg.com/thumb/msid-111488690,width-100,height-75,resizemode-4/markets/options/nifty-bank-hits-record-highs-but-pare-gains-to-close-flat-above-53000.jpg)
Nifty Bank hits record highs but pares gains to close flat above 53,000
The bank index saw a modest gain of 14 points, closing at 53,103, after hitting an intraday record high of 53,357. The Nifty50 also rose by 16 points, closing at 24,302. There was notable buying interest in Bank of Baroda, Kotak Bank, AU Small Finance Bank, and ICICI Bank. Conversely, selling pressure was observed in SBI, IndusInd Bank, Bandhan Bank, and HDFC Bank.
![Rupee closes marginally lower at 83.53 against dollar](https://img.etimg.com/thumb/msid-111467540,width-100,height-75,resizemode-4/markets/forex/rupee-drops-marginally-closes-at-83-53-against-dollar.jpg)
Rupee closes marginally lower at 83.53 against dollar
Most Asian currencies fell versus the dollar on Wednesday. The 10-year benchmark government bond yields in India eased a little, closing at 6.99% on Wednesday, after remaining steady at 7.0%-7.01% in the last couple days.
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