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Informist, Friday, Feb. 20, 2026

MUMBAI – The Nifty Bank index is expected to trade in the range of 60,000–61,750 points next week with upside supported by a rise in stocks of state-owned banks while US-Iran tensions are likely to weigh on overall market, analysts said. 

"PSU Banks continued to remain in focus, advancing 1.7%, supported by strong credit growth trends, stable asset quality and increased allocations from mutual funds, along with higher FII stakes and DII buying," Siddhartha Khemka, head of research, wealth management, Motilal Oswal Financial Services Ltd. said. 

The Nifty Bank Friday settled at 61172.00 points, up 1.6% from the previous week. Punjab National Bank and Canara Bank were the top gainers in the index this week, while ICICI Bank was the sole stock which ended lower week-on-week. 

Amol Athawale, VP technical research at Kotak Securities, in his technical view said, "For Bank Nifty, the higher bottom support is placed near 60,500. Above this level, the uptrend is likely to continue towards 61,700-62,000. Conversely, if it falls below 60,500, the chances of hitting 60,000 and 59,800 increase significantly."

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Following are the resistance and support levels for key bank stocks for next week as per calculations based on their prices on the National Stock Exchange:

End

Reported by Kabir Sharma

Edited by Akul Nishant Akhoury

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