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Nifty Bank Today: Live Price, Performance and Analysis

10 Aug 20264:09 pm

Nifty Bank Today: Live Price, Performance and Analysis

Nifty Bank today closed the session in a near-flat but mildly negative zone, showing how mixed constituent performance can keep a major sector index range-bound even when more stocks rise than fall. As of 10 August 2026 at 4:00 PM IST, the index stood at 57,686.95, down 59.50 points or 0.10% from the previous close of 57,746.45.

The day began on a firm note with an opening level of 57,812.30 and briefly moved higher to an intraday high of 58,015.85. However, selling pressure later pulled the banking index down to an intraday low of 57,527.75 before it settled just below the prior close. This pattern matters because it shows that early strength was not fully sustained, and the index spent the rest of the day digesting conflicting moves among heavyweight banking stocks.

For anyone tracking Nifty Bank live, Nifty Bank performance, Nifty Bank stocks, top gainers, top losers, and sector breadth, today’s session offered a useful lesson: breadth was positive, but losses in select laggards, especially among public sector banks, offset gains from several private sector names.

Nifty Bank Today Snapshot

Metric Value
Current Value 57,686.95
Absolute Change -59.50
Percentage Change -0.10%
Opening Value 57,812.30
Previous Close 57,746.45
Today's High 58,015.85
Today's Low 57,527.75
Market Status Closed
Last Updated 10 August 2026 at 4:00:00 PM IST
Market Trend Sideways to mildly bearish

In simple terms, Nifty Bank today moved in a broad range but ended almost unchanged. The index opened above the previous close, climbed past 58,000 during the day, and then slipped back. That tells us the market saw buying interest at the open, but profit booking and stock-specific weakness prevented a stronger finish.

A flat close does not mean there was no action underneath the surface. In fact, there was a clear split in the sector. Several private banks posted gains, while a cluster of public sector banks declined sharply enough to keep the headline index under pressure. This difference between breadth and index return is one of the most important takeaways from the session.

Why Is Nifty Bank Moving Today?

Based on the available verified price and breadth data, today’s move in Nifty Bank appears to be driven by internal constituent divergence rather than a one-directional sector trend. The strongest positive support came from major gainers such as ICICI Bank Ltd., Axis Bank Ltd., Kotak Mahindra Bank Ltd., The Federal Bank Ltd., and IndusInd Bank Ltd..

At the same time, the index faced notable drag from State Bank Of India, Canara Bank, Union Bank Of India, Bank Of Baroda, and Punjab National Bank. The biggest loser among the displayed constituents was State Bank Of India, which fell 2.39%. That is a meaningful decline in a major banking stock and likely had an outsized effect on the index mood.

Another reason the index stayed capped is that HDFC Bank Ltd., one of the most closely watched heavyweights in the banking basket, ended unchanged at 731.00. When a large banking stock remains flat, it can reduce the overall upward thrust even if several smaller constituents are green.

So, if you are asking why Nifty Bank is flat or slightly down today despite positive breadth, the answer lies in the mix of gains and losses. More stocks advanced, but the losers included stronger decliners, while one major heavyweight was unchanged. That combination often leads to a subdued index close.

Market Breadth: What the Internal Structure Says

Breadth Indicator Value
Advancing Stocks 8
Declining Stocks 5
Unchanged Stocks 1
Advance-Decline Ratio 1.6
Stocks in Green 57.14%
Stocks in Red 35.71%

Market breadth for Nifty Bank today was positive. Eight stocks advanced, five declined, and one remained unchanged. An advance-decline ratio of 1.6 means there were 1.6 advancing stocks for every declining stock. On the surface, that usually points to healthier participation on the upside.

But breadth should never be read in isolation. A sector index is influenced not just by the number of gainers and losers, but also by where those moves occur. A 0.5% gain in a mid-impact stock can be outweighed by a more substantial loss in a heavyweight constituent. That is exactly why today’s breadth looked constructive even though the headline Nifty Bank index ended lower by 0.10%.

From an analytical perspective, this type of session suggests selective buying rather than broad-based banking momentum. It also indicates that traders and investors should look beyond the index line and examine which banks are leading and which are weakening.

Complete Nifty Bank Constituent Performance

Company CMP Today's % Today's Change 52-Week High 52-Week Low Trend
State Bank Of India 1,071.00 -2.39% -26.20 - - Bearish
Canara Bank 129.00 -2.24% -2.95 - - Bearish
Union Bank Of India 181.14 -1.34% -2.46 - - Bearish
Bank Of Baroda 247.81 -1.15% -2.89 - - Bearish
Punjab National Bank 113.50 -1.14% -1.31 - - Bearish
ICICI Bank Ltd. 1,431.80 0.76% 10.80 - - Bullish
Axis Bank Ltd. 1,247.30 0.75% 9.30 - - Bullish
Kotak Mahindra Bank Ltd. 393.50 0.70% 2.75 - - Bullish
The Federal Bank Ltd. 358.35 0.59% 2.10 - - Bullish
IDFC First Bank Ltd. 85.10 0.57% 0.48 - - Bullish
IndusInd Bank Ltd. 1,027.30 0.52% 5.30 - - Bullish
Yes Bank Ltd. 22.75 0.26% 0.06 - - Bullish
AU Small Finance Bank Ltd. 1,068.00 0.09% 1.00 - - Sideways
HDFC Bank Ltd. 731.00 0.00% 0.00 - - Sideways

The top performer in the displayed Nifty Bank basket was ICICI Bank Ltd., up 0.76%, followed closely by Axis Bank Ltd. at 0.75% and Kotak Mahindra Bank Ltd. at 0.70%. The worst performer was State Bank Of India, down 2.39%, with Canara Bank not far behind at -2.24%.

This table shows a fairly clear fault line in today’s banking action. Several private banks posted steady gains, while many PSU banking names traded lower. Even without using additional outside information, the price pattern itself tells us that market participants were more comfortable with select private lenders than with a broader PSU bank basket during this session.

Top Contributors to Nifty Bank Gains

Company Price Change % Change Reason Behind Move
ICICI Bank Ltd. 10.80 0.76% Among the strongest gainers in the index today, supporting the sector’s upside attempts.
Axis Bank Ltd. 9.30 0.75% Consistent intraday strength helped offset weakness in declining banking names.
Kotak Mahindra Bank Ltd. 2.75 0.70% Positive close added to the gainers list and improved private bank participation.
The Federal Bank Ltd. 2.10 0.59% Moderate upward move reinforced positive breadth within the sector.
IndusInd Bank Ltd. 5.30 0.52% Helped sustain buying interest among advancing banking stocks.

The leading positive impulse came from ICICI Bank and Axis Bank. Both closed with gains of roughly three-fourths of a percent, which is meaningful for large banking names. Kotak Mahindra Bank, Federal Bank, and IndusInd Bank added more support, helping the sector avoid a deeper fall.

When you look at the gainers table, the key insight is that leadership was concentrated rather than universal. A handful of banks did the lifting, which is often enough to stabilize sentiment but not always enough to generate a decisive up day for the entire index.

Top Draggers in Nifty Bank

Company Price Change % Change Reason Behind Fall
State Bank Of India -26.20 -2.39% Sharpest decline among displayed constituents, creating notable downside pressure on the index.
Canara Bank -2.95 -2.24% Strong negative move added to weakness in PSU banking names.
Union Bank Of India -2.46 -1.34% Losses contributed to the declining cluster within the banking pack.
Bank Of Baroda -2.89 -1.15% Weak close kept pressure on the broader index despite positive breadth.
Punjab National Bank -1.31 -1.14% Added to the drag from declining banking counters.

The biggest dragger was State Bank Of India. Its 2.39% decline was the deepest fall among the displayed constituents, making it a major source of weakness for Nifty Bank today. Canara Bank also fell more than 2%, while Union Bank Of India, Bank Of Baroda, and Punjab National Bank extended the negative pattern among public sector lenders.

This is important because even a positive advance-decline ratio can become less useful for index direction if the weakest performers are influential and the gains among winners are moderate. That appears to be the balance of today’s session.

Heavyweights and Active Stocks: What Mattered Most

The heavyweight basket provides another lens for reading Nifty Bank today. The most closely tracked names included HDFC Bank Ltd., ICICI Bank Ltd., State Bank Of India, Kotak Mahindra Bank Ltd., Axis Bank Ltd., Punjab National Bank, Bank Of Baroda, Canara Bank, IndusInd Bank Ltd., and AU Small Finance Bank Ltd.

Among these, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and IndusInd Bank closed higher, which helped absorb some of the pressure. HDFC Bank ended unchanged, limiting directional impact. State Bank Of India, Bank Of Baroda, Canara Bank, and Punjab National Bank were weaker, which tilted the final index reading into the red.

The list of most active stocks closely overlapped with the heavyweight names, reinforcing that market attention remained concentrated in the larger and more liquid banking counters. When heavyweights are split between gains and losses, the index often spends the day in a broad range, which is exactly what happened.

Intraday Price Structure and Technical View

From available price action alone, Nifty Bank traded with a range-bound structure and a weak closing bias. The index opened above the previous close at 57,812.30, climbed to 58,015.85, then retreated to 57,527.75 before ending at 57,686.95. That means the index tested both higher and lower levels intraday without sustaining a breakout in either direction.

In plain English, today’s chart structure suggests indecision. Buyers were active enough to push the index above 58,000, but sellers later regained control and brought it back below the opening zone. The close below the open but above the intraday low indicates that demand did return at lower levels, though not strongly enough to reverse the day into positive territory.

Using only the verified session data, the nearest practical support area for traders to watch is around the day’s low of 57,527.75. The immediate overhead zone is around the day’s high of 58,015.85. These are not long-term technical levels, but they are useful short-term reference points because they mark today’s visible swing boundaries.

Short-term view: sideways with a mildly bearish close. Medium-term and long-term trend calls require broader historical or moving-average data, so today’s interpretation is best limited to intraday structure and breadth-backed sentiment.

Historical Session Comparison Based on Available Data

Period Performance
Today vs Previous Close -0.10%
Intraday Range 488.10 points
Open vs Previous Close +65.85 points
Close vs Open -125.35 points
Close vs Day Low +159.20 points
Close vs Day High -328.90 points

This session comparison helps explain the day better than the final percentage change alone. Nifty Bank opened higher, meaning sentiment at the start was constructive. But the close was 125.35 points below the opening level, which confirms intraday profit booking or fading momentum. At the same time, the index closed more than 159 points above the day’s low, which shows the market did not end in panic.

The 488.10-point intraday range also indicates there was enough volatility within the day for active participants, even though the final result looked quiet. That is why looking only at the closing percentage change can sometimes be misleading.

What Today’s Nifty Bank Performance Means

Nifty Bank today was not a strong bullish session, but it was not a broad breakdown either. The index fell just 0.10%, while a majority of constituents advanced. The real message is that the sector is currently seeing rotation within banks rather than a synchronized move across all names.

The split was visible between gainers such as ICICI Bank, Axis Bank, Kotak Mahindra Bank, Federal Bank, IDFC First Bank, and IndusInd Bank, versus losers such as State Bank Of India, Canara Bank, Union Bank Of India, Bank Of Baroda, and Punjab National Bank. HDFC Bank staying unchanged was also a stabilizing but non-directional factor.

For investors and traders, this kind of tape often means stock selection matters more than simply taking a broad sector view. A flat or slightly negative index can still contain meaningful winners and losers within the basket.

What Should Investors Watch Next in Nifty Bank?

Based on available data, the first thing to watch in the next session is whether the positive breadth continues. If Nifty Bank again sees more advancers than decliners and the larger gainers sustain momentum, the index may attempt another move toward the upper end of today’s range.

Second, keep an eye on whether the weakest names continue to drag. State Bank Of India and Canara Bank were the deepest losers among the displayed constituents. If those stocks remain under pressure, they can continue to weigh on overall sentiment even if some private lenders stay firm.

Third, heavyweight behavior will remain critical. If HDFC Bank shifts from flat performance to a directional move, it could meaningfully influence the tone of the index. Likewise, continued strength in ICICI Bank and Axis Bank could provide support, while another round of weakness in large PSU names could keep the index capped.

Finally, traders should monitor whether the index holds above today’s low or reclaims today’s high. Those intraday boundaries can shape the immediate short-term narrative for Nifty Bank live trading.

Key Takeaways

  • Nifty Bank closed at 57,686.95, down 59.50 points or 0.10%.
  • The index opened higher, touched 58,015.85, fell to 57,527.75, and ended in a mildly negative zone.
  • Market breadth was positive: 8 advancers, 5 decliners, and 1 unchanged stock.
  • ICICI Bank Ltd. was the top performer among displayed constituents at +0.76%.
  • State Bank Of India was the biggest loser at -2.39%.
  • Private bank strength partly offset weakness in several PSU banking names.
  • HDFC Bank Ltd. ended unchanged, limiting directional push from a major heavyweight.
  • Today’s structure suggests a sideways to mildly bearish short-term tone, not a decisive sector trend.

Featured Snippet Ready Answers

What is Nifty Bank?

Nifty Bank is a banking sector index that tracks the performance of major listed banking stocks. It is widely used to measure the overall direction, strength, and sentiment within the Indian banking space.

Why is Nifty Bank moving today?

Nifty Bank moved lower today mainly because declines in stocks such as State Bank Of India, Canara Bank, Union Bank Of India, Bank Of Baroda, and Punjab National Bank offset gains in ICICI Bank, Axis Bank, and Kotak Mahindra Bank.

Which stock contributed the most on the upside today?

Among the displayed Nifty Bank constituents, ICICI Bank Ltd. was the top gainer today, rising 0.76% and providing notable support to the banking index.

Which stock fell the most today?

State Bank Of India was the worst performer among the displayed Nifty Bank stocks today, falling 2.39% and acting as a major drag on the sector index.

How many Nifty Bank stocks advanced today?

A total of 8 Nifty Bank stocks advanced today, while 5 declined and 1 remained unchanged, resulting in an advance-decline ratio of 1.6.

Google AI Overview Summary

Nifty Bank today closed at 57,686.95, down 0.10%, after opening higher and trading in a broad intraday range. The index showed mixed internal action: 8 stocks advanced, 5 declined, and 1 was unchanged. Gains in ICICI Bank, Axis Bank, Kotak Mahindra Bank, Federal Bank, and IndusInd Bank were offset by losses in State Bank Of India, Canara Bank, Union Bank Of India, Bank Of Baroda, and Punjab National Bank. The session reflected selective strength in private banks and weakness in several PSU lenders. Investors may next watch whether the index holds above today’s low and whether heavyweight participation becomes more one-sided.

Published on 10 August 2026 at 4:04 PM IST

Frequently Asked Questions

1. What is Nifty Bank today?

Nifty Bank today closed at 57,686.95, down 59.50 points or 0.10% from the previous close.

2. Why did Nifty Bank fall today?

Nifty Bank slipped because losses in State Bank Of India, Canara Bank, Union Bank Of India, Bank Of Baroda, and Punjab National Bank outweighed gains in several private banks.

3. Is Nifty Bank bullish or bearish today?

Today’s tone was sideways to mildly bearish because the index closed slightly lower after failing to hold its early gains.

4. What was the opening level of Nifty Bank today?

Nifty Bank opened at 57,812.30 today, above its previous close of 57,746.45.

5. What was the high and low of Nifty Bank today?

The index touched an intraday high of 58,015.85 and a low of 57,527.75.

6. How many Nifty Bank stocks were in the green today?

Eight stocks advanced today, which means 57.14% of the displayed Nifty Bank constituents closed in the green.

7. What was the advance-decline ratio in Nifty Bank today?

The advance-decline ratio was 1.6, showing more advancing stocks than declining stocks.

8. Which stock gained the most in Nifty Bank today?

ICICI Bank Ltd. was the top performer among the displayed constituents, rising 0.76%.

9. Which stock lost the most in Nifty Bank today?

State Bank Of India was the biggest loser among the displayed Nifty Bank stocks, down 2.39%.

10. Which heavyweight stocks influenced Nifty Bank today?

Key heavyweight names included HDFC Bank Ltd., ICICI Bank Ltd., State Bank Of India, Kotak Mahindra Bank Ltd., and Axis Bank Ltd.

11. Did HDFC Bank move today?

HDFC Bank Ltd. closed unchanged at 731.00, making it a neutral influence on the index today.

12. What should traders watch in Nifty Bank next?

Traders can watch whether the index holds above today’s low of 57,527.75 and whether it can reclaim the intraday high zone near 58,015.85.

Disclaimer

Investments in securities markets are subject to market risks. Read all related documents carefully before investing. This sector-index update is for informational and educational purposes only and is not personalized investment advice or a recommendation to buy, sell, or hold any security.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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