Bank nifty is not able to get anywhere near its ATH of 37774 since Feb 2021. And Since Jun 2021 it has been trading in a 1500 point range (34500 - 36000). I see further fall in bank nifty from these levels to about 33500 - 33000, before any sizable move upwards. While broader market will continue to outperform, BNF is weak and unless there is resumption in credit lending on a large scale, I don't see BNF regaining it ATH anytime soon.