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Nifty Bank closes below 45,900; next support seen at 45,000-45,400
The Nifty Bank index is likely to consolidate in a range and the big support for the index is placed at 45,000-45,400 levels, suggested experts. The Nifty50 closed below the crucial short-term moving average (50-DMA) on the daily charts for the 12th consecutive day in a row. The 50-DMA is placed at 46,652.