Nifty Bank Today Rises 0.81% to 57,977.50 in Early Trade

Nifty Bank today opened the session on a constructive note, rising 0.81% or 463.30 points to 57,977.50 at 10:00:01 AM IST on 26 August 2026. The banking index was the top gaining sector index among the configured sector indices, with gains spread across a large part of its tracked banking universe.

Quick sector takeaways

• Nifty Bank today stood at 57,977.50, up 463.30 points or 0.81% from its previous close of 57,514.20.
• The index traded between 57,611.85 and 57,996.05 in the early session, with the latest level just 18.55 points below the day high.
• Breadth was positive: 11 of 14 tracked stocks advanced, while three declined and none were unchanged.
• Kotak Mahindra Bank, Union Bank of India and ICICI Bank led the percentage gainers; traders can watch whether the index holds near its intraday high and whether participation remains broad.

Nifty Bank today: early-session strength

The index started at 57,628.65 and moved higher through the opening phase, reaching an intraday high of 57,996.05. At 57,977.50, it was above both its opening level and the previous close, indicating a firm start for the banking pack.

The 0.81% rise is the actual move in the index at the stated update time. It is also notable that the latest reading sat close to the session high, while the day low of 57,611.85 remained above the prior close of 57,514.20. These are early-session price observations, rather than a forecast of how the session may progress.

Price snapshot

The day’s range so far is 384.20 points, calculated from the high and low. The index gained 348.85 points from its opening level to the latest reading, showing that the early move extended after the opening print.

Sector ranking

Nifty Bank was the top gaining sector index among the configured indices at this update, with a 0.81% increase. Nifty Financial Services also rose 0.81%, while the selected ranking placed Nifty Bank first. Other positive moves included Nifty Mid Select at 0.53%, Nifty Pharma at 0.33%, Nifty FMCG at 0.13%, Nifty Metal at 0.07% and Nifty Auto at 0.01%. Nifty IT was lower by 0.14%.

This places banking at the forefront of the available sector-index dashboard during the opening phase. The ranking reflects percentage movement at the update time, not a view on subsequent market direction.

Constituent breadth

Participation within the index was clearly tilted upward. Eleven of the 14 display-safe banking stocks were in the green, compared with three in the red. There were no unchanged stocks. The advance-decline ratio was 3.67, meaning there were more than three advancing stocks for every declining stock.

Broad participation matters because the index gain was accompanied by gains across private banks, public-sector banks and other banking names. Still, the three declining stocks show that the early rise was not uniform across every constituent.

Heavyweights versus broader participation

The heavyweight set presented a mixed but constructive picture. ICICI Bank rose 1.38% to ₹1,442.40, while State Bank of India gained 0.97% to ₹1,058.20. Kotak Mahindra Bank added 1.99% and Axis Bank rose 0.76%. HDFC Bank was marginally lower by 0.05% at ₹727.15.

The available active-stock list also includes HDFC Bank, ICICI Bank, State Bank of India, Kotak Mahindra Bank and Axis Bank. Their price moves provide a useful cross-section of the early-session banking trend, with gains in four of these five named stocks.

Key Nifty Bank stocks

Biggest positive movers

Kotak Mahindra Bank led the named gainers, rising ₹8.00 or 1.99% to ₹409.60, near its intraday high of ₹409.95. Union Bank of India gained ₹2.82 or 1.51% to ₹189.80, though it remained below its high of ₹192.33. ICICI Bank added ₹19.70 or 1.38% to ₹1,442.40.

Punjab National Bank rose 1.29% to ₹117.42 and Bank of Baroda gained 1.26% to ₹244.04. Canara Bank also advanced 1.09% to ₹130.21. The spread of these gains supported the positive breadth reading.

Biggest negative movers

The declines were limited in magnitude. AU Small Finance Bank fell ₹1.30 or 0.12% to ₹1,127.30. IndusInd Bank slipped ₹0.60 or 0.06% to ₹1,014.40, while HDFC Bank eased ₹0.35 or 0.05% to ₹727.15.

These modest declines contrast with the broader positive count. Monitoring whether these stocks narrow or extend their respective moves can add context to the index’s intraday breadth.

Stocks to watch next session

• Kotak Mahindra Bank: up 1.99% and trading close to its day high.
• Union Bank of India: up 1.51%, with a session range from ₹187.98 to ₹192.33.
• ICICI Bank: up 1.38% and near its intraday high of ₹1,446.00.
• State Bank of India: up 0.97%, after trading between ₹1,051.20 and ₹1,062.30.
• Axis Bank: up 0.76% to ₹1,244.40.
• HDFC Bank: marginally lower at ₹727.15, offering a contrasting move within the banking index.

The constructive case

The constructive evidence is visible in the index’s 0.81% advance, its position near the day high and the 11-to-three positive breadth split. Gains in ICICI Bank, State Bank of India, Kotak Mahindra Bank and Axis Bank were accompanied by advances in Union Bank of India, Punjab National Bank, Bank of Baroda and Canara Bank.

The index also remained above its opening level and above the previous close at the update time. Together, these measurements describe an encouraging early-session setup for Nifty Bank today.

The cautious case

The session is still at an early stage, and the index was 18.55 points below its intraday high at the stated time. Three banking stocks were lower, including HDFC Bank, AU Small Finance Bank and IndusInd Bank. Their moves were small, but they show that gains were not universal.

Price levels can change through the trading day. The most immediate facts to track are the index’s position within its 57,611.85-57,996.05 range and the continuation of the current advance-decline balance.

Univest Insights

The opening setup places Nifty Bank at the top of the configured sector-index rankings, with the index gaining 463.30 points from the previous close. That leadership is reinforced by a positive advance-decline ratio of 3.67.

The gain profile is diversified across several named banking stocks. Kotak Mahindra Bank led percentage gains, while ICICI Bank and State Bank of India also advanced, helping reflect participation across prominent private and public-sector banking names.

At the same time, the near-flat moves in HDFC Bank and IndusInd Bank underline the value of reading the index alongside stock-level breadth. A rising index can coexist with mixed individual stock performances.

Investors can follow the latest sector readings through Univest Market View. For traders and investors, the key signal to watch is…

Published on 26 August 2026 at 10:00 AM IST

Frequently asked questions

What is Nifty Bank today?

Nifty Bank was at 57,977.50 at 10:00:01 AM IST on 26 August 2026, up 0.81% or 463.30 points.

What was the Nifty Bank previous close?

The previous close was 57,514.20.

What were the Nifty Bank day high and day low?

The day high was 57,996.05 and the day low was 57,611.85 at the update time.

How was Nifty Bank breadth today?

Eleven of 14 tracked stocks advanced, three declined and none were unchanged.

Which stocks were the top Nifty Bank gainers?

Kotak Mahindra Bank, Union Bank of India and ICICI Bank were the top three named percentage gainers.

Which stocks declined in Nifty Bank?

AU Small Finance Bank, IndusInd Bank and HDFC Bank were lower at the update time.