The Bank Nifty reached a new all-time high of 60,152.35 on Friday, driven by strong third-quarter business updates from banks. Both the Nifty PSU Bank and Nifty Private Bank indices also hit record highs. Yes Bank, Union Bank of India, and IndusInd Bank were among the top gainers. Analysts suggest a sustained move above 60,000 could lead to further gains, with 59,200-59,100 acting as a crucial support zone. Recovering loan growth and strengthened bank balance sheets are supporting the rally.