Nifty Bank Today: Index Gains 0.56% to Close at 58,063.65

Quick sector takeaways

• Nifty Bank ended 323.70 points, or 0.56%, higher at 58,063.65 on 6 August 2026, compared with the previous close of 57,739.95.
• The index traded between 57,714.70 and 58,076.85 during the session, finishing just 13.20 points below its day high.
• Breadth was positive, with 9 of 14 tracked banking stocks advancing and 5 declining; there were no unchanged stocks.
• Union Bank Of India, AU Small Finance Bank Ltd. and State Bank Of India led the gainers, while Kotak Mahindra Bank Ltd. and Yes Bank Ltd. were among the weaker names. Next session, investors can track whether the index holds near its closing zone.

Nifty Bank today: a positive closing-bell wrap

Nifty Bank today closed with a gain of 0.56%, making it the strongest gaining sector index in the configured sector set. The index added 323.70 points from its previous close of 57,739.95 to settle at 58,063.65. The finish reflected a constructive session for banking shares, although the move was not uniform across every stock in the index.

The index opened at 57,815.00, already above the previous close, and remained in positive territory by the end of the session. Its close near the intraday high indicates that much of the day’s advance was retained into the closing bell. This is an observation of the day’s price action rather than an indication of what may happen next.

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Price snapshot

The Nifty Bank last traded price was 58,063.65, against a previous close of 57,739.95. This translates into an absolute rise of 323.70 points and a percentage gain of 0.56%. The day’s high was 58,076.85, while the low was 57,714.70, creating an intraday range of 362.15 points.

The index opened at 57,815.00, above the previous close, and closed only 13.20 points below the day high. It was also 348.95 points above the day low at the close. These figures place the closing level near the upper end of the session’s range and provide the immediate price context for Nifty Bank today.

Sector ranking

Nifty Bank was the top gaining sector index among the configured sector indices on 6 August 2026, with its 0.56% rise ahead of Nifty Financial Services, which gained 0.07%. Nifty Pharma was broadly flat, while several other tracked indices ended lower. Nifty IT fell 0.95%, Nifty Auto declined 1.01%, and Nifty Metal lost 0.99%.

The ranking identifies relative performance for this session. It highlights that banking was the leading positive pocket within the configured index group, without suggesting a broader cause for the move.

Constituent breadth

Participation within the index was positive: 9 of the 14 display-safe banking stocks advanced, while 5 declined and none were unchanged. The advance-decline ratio was 1.8, meaning gainers outnumbered decliners by a clear margin.

That breadth supports the index-level gain, as the positive close was accompanied by gains across a majority of tracked names. At the same time, the presence of five decliners shows that participation was mixed rather than unanimous. The session therefore combined broad positive participation with stock-specific divergences.

Heavyweights versus broader participation

Among the named heavyweight stocks, State Bank Of India rose 2.84% to Rs. 1,085.00, while ICICI Bank Ltd. gained 0.51% to Rs. 1,457.50 and Axis Bank Ltd. added 0.17% to Rs. 1,256.00. Kotak Mahindra Bank Ltd. declined 1.50% to Rs. 394.00, and HDFC Bank Ltd. slipped 0.10% to Rs. 734.30.

The mix shows that the session’s positive index outcome coincided with strength in State Bank Of India and gains in ICICI Bank Ltd. and Axis Bank Ltd., even as two named heavyweights finished lower. In the supplied active-stock set, these same names remained central to the day’s banking-market price action.

Key Nifty Bank stocks

Biggest positive movers

Union Bank Of India led the gainers with a 3.81% rise to Rs. 182.50, finishing at its intraday high. AU Small Finance Bank Ltd. followed with a 3.45% gain to Rs. 1,087.60. State Bank Of India rose 2.84% to Rs. 1,085.00, while Bank Of Baroda and Canara Bank advanced 2.20% and 2.16%, respectively.

The leading gainers featured a mix of banking names, and their moves aligned with the positive breadth recorded across the index. Bank Of Baroda closed at Rs. 251.00, while Canara Bank ended at Rs. 131.70.

Biggest negative movers

Kotak Mahindra Bank Ltd. was the largest percentage decliner, falling 1.50% to Rs. 394.00. Yes Bank Ltd. declined 1.26% to Rs. 22.68, and The Federal Bank Ltd. slipped 0.81% to Rs. 353.55. IndusInd Bank Ltd. fell 0.27%, while HDFC Bank Ltd. edged down 0.10%.

These declines were contained by the stronger advances elsewhere in the index. Kotak Mahindra Bank Ltd. closed near its day low of Rs. 393.75, while Yes Bank Ltd. ended at its day low of Rs. 22.68.

Stocks to watch next session

For the next session, market participants can monitor Union Bank Of India after its 3.81% advance and close at Rs. 182.50; AU Small Finance Bank Ltd. after its 3.45% gain; and State Bank Of India after its 2.84% rise to Rs. 1,085.00. ICICI Bank Ltd., which closed at Rs. 1,457.50, and Bank Of Baroda, which ended at Rs. 251.00, are also relevant names within the positive side of the session.

On the weaker side, Kotak Mahindra Bank Ltd. closed at Rs. 394.00 after a 1.50% decline. Watching how these individual price moves develop alongside the index can help frame the next session’s banking-sector picture.

The constructive case

The constructive evidence from the session is clear in the numbers: Nifty Bank gained 0.56%, closed near its intraday high, and had more advancing stocks than declining stocks. Nine gainers against five decliners gave the positive close a broader base than a move driven by only one or two stocks.

Strong percentage gains in Union Bank Of India, AU Small Finance Bank Ltd., State Bank Of India, Bank Of Baroda and Canara Bank added to that positive participation. Gains in ICICI Bank Ltd. and Axis Bank Ltd. also coincided with the index finishing above its opening level and previous close.

The cautious case

Despite the positive index result, five tracked stocks ended lower. Kotak Mahindra Bank Ltd., Yes Bank Ltd., The Federal Bank Ltd., IndusInd Bank Ltd. and HDFC Bank Ltd. all closed in the red. The performance gap between the strongest and weakest names remained notable, with Union Bank Of India up 3.81% and Kotak Mahindra Bank Ltd. down 1.50%.

The index’s 362.15-point intraday range also shows that prices moved meaningfully during the session. While the close was near the high, the next session will determine whether the closing strength receives further participation across the banking basket.

Univest Insights

Nifty Bank today stood out as the leading gainer among the configured sector indices, closing at 58,063.65 after adding 323.70 points. The key feature of the session was the combination of a positive index close, an upper-range finish and positive breadth.

The banking basket was not one-directional. Public-sector banking names featured prominently among the strongest percentage movers, while some other prominent banks ended lower. This distinction matters because index strength and individual-stock performance can differ within the same session.

The price range of 57,714.70 to 58,076.85 gives a concise reference for the completed trading day. The close near the upper boundary of that range records the session’s final position, while the 9-to-5 breadth split records the extent of participation.

For traders and investors, the key signal to watch is…

Published on 6 August 2026 at 4:15 PM IST

Frequently asked questions

What was Nifty Bank today?

Nifty Bank closed at 58,063.65 on 6 August 2026, up 323.70 points or 0.56% from the previous close of 57,739.95.

What were the Nifty Bank day high and day low?

The index recorded a day high of 58,076.85 and a day low of 57,714.70.

Why was Nifty Bank the top gaining sector index?

Its 0.56% gain was the highest positive move among the configured sector indices for the session.

How was the breadth within Nifty Bank?

Among 14 display-safe stocks, 9 advanced, 5 declined and none were unchanged.

Which stocks gained the most in Nifty Bank?

Union Bank Of India gained 3.81%, AU Small Finance Bank Ltd. rose 3.45%, and State Bank Of India advanced 2.84%.

Which stocks declined the most in Nifty Bank?

Kotak Mahindra Bank Ltd. fell 1.50%, Yes Bank Ltd. declined 1.26%, and The Federal Bank Ltd. slipped 0.81%.