Nifty Bank Today: Index Ends 0.55% Lower at 57,746.45

Nifty Bank today ended the 7 August 2026 session lower, falling 317.20 points, or 0.55%, to 57,746.45. The banking index closed below its previous close of 58,063.65 after trading between 57,686.55 and 57,994.45. The session showed an evenly split 7-7 advance-decline breadth, while weakness in several major private-bank names outweighed gains elsewhere.

Quick sector takeaways

• Nifty Bank closed at 57,746.45, down 317.20 points or 0.55% from the previous close of 58,063.65.
• The index moved in a 307.90-point intraday range, touching a high of 57,994.45 and a low of 57,686.55.
• Breadth was balanced: 7 stocks advanced and 7 declined among 14 tracked names.
• ICICI Bank Ltd., AU Small Finance Bank Ltd. and Axis Bank Ltd. were among the sharpest decliners, while State Bank Of India led the gainers. The next session will show whether the split breadth can offset pressure in the larger banking names.

Nifty Bank today: end-of-session wrap

The Nifty Bank index finished the day with a negative close, ending at 57,746.45 versus 58,063.65 in the prior session. The 0.55% decline placed the index 317.20 points lower for the day. It opened at 57,882, briefly rose to 57,994.45, and later slipped to 57,686.55 before closing above the day’s low.

The closing position indicates that the index recovered 59.90 points from its intraday low, but it remained 248.00 points below the day’s high. The index also closed 135.55 points below its opening level. These are observations from the day’s price range, rather than indications of a likely direction for the next session.

For readers tracking nifty bank today, the important point is that the closing decline occurred despite an even split between advancing and declining stocks. This made the session less about broad, uniform weakness and more about the influence of declines in select banking names.

Price snapshot

The 307.90-point high-low range captured the day’s trading movement. Nifty Bank ended 377.10 points above the previous close at its high and 377.10 points below it at its low, underlining how the session moved across both sides of the prior close before settling lower.

Sector ranking

Nifty Bank was the second top losing sector index among the configured sector indices on 7 August 2026. Nifty Financial Services declined 1.48%, while Nifty Bank fell 0.55%. Nifty Pharma was lower by 0.09%. In contrast, Nifty Auto, Nifty IT, Nifty Metal, Nifty Mid Select and Nifty FMCG closed higher.

This ranking places the banking index among the weaker sectoral pockets for the session, although its decline was narrower than that of Nifty Financial Services. The comparison is based on the configured sector-index set and reflects the day’s percentage moves only.

Constituent breadth

Participation across the 14 tracked Nifty Bank stocks was evenly divided. Seven stocks closed higher and seven closed lower, with no unchanged stocks. The advance-decline ratio was therefore 1:1.

Balanced breadth alongside a lower index close is notable because the gains were not sufficient to counter declines in other names. State Bank Of India, The Federal Bank Ltd., Union Bank Of India, IndusInd Bank Ltd., Punjab National Bank, Canara Bank and Yes Bank Ltd. finished higher. ICICI Bank Ltd., AU Small Finance Bank Ltd., Axis Bank Ltd., IDFC First Bank Ltd., Kotak Mahindra Bank Ltd., HDFC Bank Ltd. and Bank Of Baroda finished lower.

Heavyweights versus broader participation

Among the supplied heavyweight names, HDFC Bank Ltd. declined 0.45% to Rs. 731, ICICI Bank Ltd. fell 2.50% to Rs. 1,421, Kotak Mahindra Bank Ltd. slipped 0.82% to Rs. 390.75 and Axis Bank Ltd. dropped 1.43% to Rs. 1,238. State Bank Of India stood apart, rising 1.12% to Rs. 1,097.20.

The same group featured among the supplied active names, keeping attention on their closing moves. ICICI Bank’s 2.50% decline was the largest percentage fall among the listed key movers, while State Bank Of India was the strongest listed gainer. Their opposite directions illustrate the mixed participation within the index.

Key Nifty Bank stocks

Biggest positive movers

State Bank Of India led the positive side with a 1.12% rise to Rs. 1,097.20. The Federal Bank Ltd. added 0.76% to Rs. 356.25, Union Bank Of India rose 0.60% to Rs. 183.60, and IndusInd Bank Ltd. gained 0.57% to Rs. 1,022. Punjab National Bank advanced 0.45% to Rs. 114.81.

State Bank Of India traded between Rs. 1,075.70 and Rs. 1,124.50, while its close remained below the intraday high. Federal Bank also ended below its high of Rs. 359.80. These intraday positions describe the session’s range and do not assign a cause to the moves.

Biggest negative movers

ICICI Bank Ltd. was the largest decliner in the listed group, falling 2.50% to Rs. 1,421. AU Small Finance Bank Ltd. declined 1.89% to Rs. 1,067, followed by Axis Bank Ltd., down 1.43% to Rs. 1,238. IDFC First Bank Ltd. fell 0.86% to Rs. 84.62 and Kotak Mahindra Bank Ltd. declined 0.82% to Rs. 390.75.

AU Small Finance Bank and Axis Bank both closed at their respective day lows. ICICI Bank ended at Rs. 1,421, above its intraday low of Rs. 1,418.20 but well below its high of Rs. 1,455. The closing readings kept these stocks central to the day’s negative index outcome.

Stocks to watch next session

• ICICI Bank Ltd.: closed down 2.50% at Rs. 1,421 after a Rs. 1,418.20-Rs. 1,455 range.
• State Bank Of India: gained 1.12% to Rs. 1,097.20 after reaching Rs. 1,124.50 intraday.
• Axis Bank Ltd.: fell 1.43% and closed at Rs. 1,238, its day low.
• HDFC Bank Ltd.: closed 0.45% lower at Rs. 731.
• AU Small Finance Bank Ltd.: declined 1.89% to Rs. 1,067, its day low.
• Kotak Mahindra Bank Ltd.: ended 0.82% lower at Rs. 390.75.

The constructive case

The constructive evidence from the session is the balanced breadth. Seven of the 14 tracked names advanced, led by State Bank Of India, with additional gains in Federal Bank, Union Bank Of India, IndusInd Bank, Punjab National Bank, Canara Bank and Yes Bank. Nifty Bank also closed above its intraday low after moving below 57,700 during the day.

That combination shows that gains were present across both public-sector and private-sector banking names. The index’s move back from 57,686.55 to 57,746.45 by the close is a measurable end-of-session recovery from the day’s lowest level.

The cautious case

The cautious evidence is the index’s 0.55% decline, its close below both the previous close and the opening level, and losses in several supplied heavyweight names. ICICI Bank, Axis Bank, HDFC Bank and Kotak Mahindra Bank all ended lower, while AU Small Finance Bank posted a sharper decline.

The index also closed closer to its day low than to its day high. With an evenly split advance-decline count, the session did not show broad-based downside participation, but the closing index level still reflected pressure in the banking basket.

Univest Insights

The 7 August close presents a mixed but clearly negative index outcome. Nifty Bank lost 317.20 points even as the underlying breadth remained evenly balanced. This distinction matters because an index can fall while a meaningful share of its tracked stocks still advances.

The split between major private-bank declines and gains in State Bank Of India and other banks shaped the day’s profile. ICICI Bank’s 2.50% decline, Axis Bank’s 1.43% fall and HDFC Bank’s 0.45% decline contrasted with State Bank Of India’s 1.12% gain.

For the next session, readers can compare the index’s opening and closing levels with the prior day’s range of 57,686.55 to 57,994.45, while monitoring whether the 7-7 breadth balance shifts. Stock-specific movement in the listed heavyweight names can remain relevant to the broader index reading.

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Published on 7 August 2026 at 4:19 PM IST

Frequently asked questions

What was Nifty Bank today on 7 August 2026?

Nifty Bank closed at 57,746.45, down 317.20 points or 0.55% from its previous close of 58,063.65.

What were Nifty Bank’s day high and day low?

The index recorded a day high of 57,994.45 and a day low of 57,686.55.

How did Nifty Bank open today?

Nifty Bank opened at 57,882, which was below the previous close of 58,063.65.

How was Nifty Bank breadth today?

Among 14 tracked stocks, 7 advanced and 7 declined, with no unchanged stocks.

Which stocks were the biggest Nifty Bank gainers?

State Bank Of India gained 1.12%, followed by The Federal Bank Ltd. at 0.76%, Union Bank Of India at 0.60%, IndusInd Bank Ltd. at 0.57% and Punjab National Bank at 0.45%.

Which stocks were the biggest Nifty Bank losers?

ICICI Bank Ltd. fell 2.50%, AU Small Finance Bank Ltd. declined 1.89%, Axis Bank Ltd. dropped 1.43%, IDFC First Bank Ltd. slipped 0.86% and Kotak Mahindra Bank Ltd. fell 0.82%.