Bank Nifty snaps six-day rally to slip 1.5% from day's high, Canara, HDFC Bank top laggards

Bank Nifty ended its six-day rally, dropping 1.5% from its day's high after reaching a record of 55,961. The decline is attributed to profit booking, with Canara Bank leading losses at 2%. HDFC Bank and Axis Bank also fell nearly 1.5%. Despite the downturn, AU Small Finance Bank shares surged 6% following a 37% rise in net profit. The Nifty Bank index remains up 8% this year, with key technical levels identified for future trading.