Nifty Bank may hit 36,000 if RBI takes hawkish measures

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The Nifty Bank has outperformed the Nifty50 in the last couple of months and also tested a lifetime high of 41840.15 points on September 15. But the sell-off in the last two weeks, triggered by the hawkish remarks of the US Federal Reserve, halted the northward trend of the index.

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