Nifty Bank Today: Live Performance, Stocks, Gainers & Losers

Updated: 28 Aug 2026 • 4:02 pm

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Nifty Bank Today: Live Performance, Stocks, Gainers & Losers

Table of Contents

Nifty Bank Today: Sector Snapshot

Nifty Bank closed the session at 57,496.30 on 28 August 2026, down 13.65 points or 0.02% from the previous close of 57,509.95. The move was marginal, but the intraday range showed that banking stocks were active beneath the surface. The index opened at 57,429.75, touched a high of 57,596.40, and slipped to a low of 57,264.00 before settling near the middle-to-upper part of the day’s range.

That combination suggests a market that saw both buying and selling during the day, but neither side managed to establish a decisive trend by the close. Even though the headline move in Nifty Bank was almost flat, the constituent performance tells a more nuanced story. Several major private and public sector banking names advanced, while a comparable set of lenders ended in the red, leaving the index nearly unchanged overall.

As of the last update at 28 August 2026 at 4:00:04 PM IST, the market status for this update is closed. Based on available intraday price action, the day’s market trend for Nifty Bank can be described as sideways with a mild negative bias. The index did not break into a strong rally, nor did it see a broad sell-off. Instead, it reflected rotation within banking stocks.

Metric	Value
Current Value	57,496.30
Absolute Change	-13.65
Percentage Change	-0.02%
Opening Value	57,429.75
Previous Close	57,509.95
Day High	57,596.40
Day Low	57,264.00
Market Status	Closed
Last Updated	28 August 2026 at 4:00:04 PM IST
Market Trend	Sideways to mildly bearish

In simple terms, Nifty Bank today was steady rather than weak. The index fell by only 0.02%, which means the sector was broadly digesting stock-specific moves rather than reacting to one clear macro trigger. Strength in names such as HDFC Bank, Axis Bank and State Bank of India was offset by declines in ICICI Bank, AU Small Finance Bank and IndusInd Bank.

Why Is Nifty Bank Moving Today?

Based on the available verified price and breadth data, today’s movement in Nifty Bank appears to be driven primarily by internal stock-level divergence rather than a broad sector-wide surge or collapse. The index was almost unchanged, and that usually happens when gains in some heavyweight banking stocks are neutralized by declines in other important constituents.

The clearest signal comes from the top gainers and top losers list. HDFC Bank rose 1.31%, Axis Bank gained 0.72%, and State Bank of India added 0.44%. These moves helped keep the index supported through the session. On the other hand, ICICI Bank dropped 1.40%, AU Small Finance Bank fell 1.27%, and IndusInd Bank declined 0.89%, limiting the upside and eventually leaving Nifty Bank marginally lower.

This kind of split session typically means investors were selective within the banking pack. Some lenders attracted buying interest, while others saw profit booking or relative weakness. Because Nifty Bank is a basket index, the final outcome depends not just on the number of stocks rising or falling, but also on how important those moving stocks are within the broader index mix. That is why a few strong gainers could not fully overcome declines in other prominent names.

Another notable feature is that the index opened below the previous close, moved up to an intraday high above the open, and then also visited a lower intraday zone before recovering. This indicates two-way trading interest. Buyers were active enough to lift the index from the day’s low, but sellers were equally present near higher levels. As a result, the session ended in consolidation rather than expansion.

So, if someone is asking, “Why is Nifty Bank falling today?” the most accurate answer from the verified dataset is this: Nifty Bank was not meaningfully falling; it was nearly flat. The slight negative close was the result of declines in stocks such as ICICI Bank, AU Small Finance Bank, IndusInd Bank, IDFC First Bank and Yes Bank, which offset gains in HDFC Bank, Axis Bank, SBI and select PSU banks.

Market Breadth: Was the Banking Sector Broadly Positive or Weak?

Market breadth gives a better picture of what happened beneath the index level. While Nifty Bank itself moved only 0.02% lower, the breadth numbers show that the session leaned slightly negative overall.

Breadth Metric	Value
Advancing Stocks	6
Declining Stocks	7
Unchanged Stocks	1
Advance-Decline Ratio	0.86
Stocks in Green	42.86%
Stocks in Red	50.00%

Out of 14 banking constituents tracked in this update, 6 advanced, 7 declined and 1 was unchanged. The advance-decline ratio of 0.86 means there were fewer gaining stocks than losing stocks. This is not a deeply bearish breadth reading, but it does indicate that declines were slightly more widespread than gains.

At the same time, breadth was not weak enough to suggest panic or broad-based sector damage. Roughly 43% of constituents still closed in the green, and only half the basket ended in the red. That kind of distribution is usually associated with a choppy, stock-selective session rather than a directional sell-off.

The unchanged stock was Punjab National Bank, which closed flat on the day. Flat moves in individual names often matter in a near-zero change session because they show where the market lacked conviction. When an index closes almost unchanged, every non-move and every modest move carries added significance.

Overall, the breadth interpretation for Nifty Bank today is mildly negative but balanced. Selling pressure existed, yet it was not broad enough to create a sharp fall. Buying support also existed, but it was not broad enough to trigger a convincing breakout.

Complete Nifty Bank Constituent Performance

The full list of banking stocks in the index reveals where the action was concentrated. The table below captures closing price, day change, intraday range and directional trend based on today’s move.

Company	CMP	Today’s %	Today’s Change	Day Open	Day High	Day Low	Trend
ICICI Bank Ltd.	1,422.80	-1.40%	-20.20	1,435.00	1,439.80	1,418.90	Bearish
HDFC Bank Ltd.	720.30	1.31%	9.30	710.85	720.30	707.00	Bullish
AU Small Finance Bank Ltd.	1,077.10	-1.27%	-13.90	1,086.30	1,094.30	1,073.30	Bearish
IndusInd Bank Ltd.	994.00	-0.89%	-8.90	997.00	1,000.60	987.30	Bearish
IDFC First Bank Ltd.	83.12	-0.81%	-0.68	83.79	84.23	82.95	Bearish
Union Bank Of India	186.00	0.81%	1.50	184.70	186.31	184.09	Bullish
Axis Bank Ltd.	1,265.00	0.72%	9.00	1,256.00	1,265.40	1,248.20	Bullish
Yes Bank Ltd.	22.10	-0.72%	-0.16	22.31	22.36	22.01	Bearish
State Bank Of India	1,047.50	0.44%	4.60	1,046.00	1,051.20	1,040.50	Bullish
Bank Of Baroda	241.90	0.37%	0.90	241.15	241.90	239.50	Bullish
Canara Bank	128.35	0.16%	0.21	128.15	129.06	127.25	Bullish
The Federal Bank Ltd.	344.25	-0.16%	-0.55	343.05	345.85	342.25	Sideways to bearish
Kotak Mahindra Bank Ltd.	423.70	-0.12%	-0.50	424.60	426.20	421.00	Sideways to bearish
Punjab National Bank	115.40	0.00%	0.00	114.81	115.75	114.42	Flat

The top performer today was HDFC Bank, which rose 1.31% and closed at the session high. That is often a sign of sustained demand through the day. The worst performer was ICICI Bank, down 1.40%, making it the key drag among the listed banking names in this update.

Top Contributors to Nifty Bank Gains

Even though the index closed slightly lower, a group of gainers prevented a deeper decline. The strongest support came from stocks that not only rose but also featured among the better-known banking names in the index.

Company	Price Change	% Change	Reason Behind Move
HDFC Bank Ltd.	9.30	1.31%	Strong price performance within the session; closed at day high, indicating sustained buying interest.
Axis Bank Ltd.	9.00	0.72%	Steady intraday advance from the open toward the high, supporting the index.
State Bank Of India	4.60	0.44%	Positive closing move and firm intraday range helped offset weakness elsewhere.
Union Bank Of India	1.50	0.81%	Broad-based support from PSU banking names added balance to the sector.
Bank Of Baroda	0.90	0.37%	Modest gains contributed to a stable tone in the public sector banking segment.

Among these, HDFC Bank stands out the most because it posted the highest percentage gain in the basket and ended at its day high of 720.30. Axis Bank also showed constructive price action by advancing from the opening level and holding gains into the close. State Bank of India and Union Bank of India added a second layer of support, making it clear that the sector was not weak across the board.

The important takeaway is that Nifty Bank today was held up by selective strength in large and mid-tier banking names. Without that support, the losses in a few declining constituents could have pushed the index much lower.

Top Draggers on Nifty Bank Today

The key reason Nifty Bank could not finish in positive territory was the pressure from a set of notable losers. These stocks collectively outweighed the positive impact from the gainers enough to leave the index marginally in the red.

Company	Price Change	% Change	Reason Behind Fall
ICICI Bank Ltd.	-20.20	-1.40%	Sharpest decline among tracked constituents; remained under pressure through the session.
AU Small Finance Bank Ltd.	-13.90	-1.27%	Weak intraday performance with the close near the lower half of the day’s range.
IndusInd Bank Ltd.	-8.90	-0.89%	Negative close after trading below the previous day’s level for much of the session.
IDFC First Bank Ltd.	-0.68	-0.81%	Moderate selling pressure kept the stock below the previous close.
Yes Bank Ltd.	-0.16	-0.72%	Weak session with price staying close to the day’s low relative to the prior close.

ICICI Bank was the biggest visible drag in this dataset. A fall of 1.40% in a major banking name carries more significance than a smaller percentage move in a lower-priced stock. AU Small Finance Bank and IndusInd Bank also contributed to the softer tone. Together, these declines explain why the overall sector failed to convert intraday rebounds into a positive close.

Heavyweight and Active Banking Stocks to Track

Heavyweight stocks often define the day’s direction in sector indices, and Nifty Bank is no exception. The most important names highlighted in this update include HDFC Bank, ICICI Bank, State Bank of India, Kotak Mahindra Bank, Axis Bank, Punjab National Bank, Bank of Baroda, Canara Bank, IndusInd Bank and AU Small Finance Bank.

Among these, the contrast was especially sharp between HDFC Bank and ICICI Bank. HDFC Bank emerged as the strongest gainer, while ICICI Bank was the largest loser. SBI and Axis Bank also added support, whereas IndusInd Bank and AU Small Finance Bank remained under pressure. Kotak Mahindra Bank was nearly flat to slightly negative, which reinforced the broader picture of a divided market rather than a unified trend.

The most active list in this update broadly overlaps with the heavyweight list, which is useful for traders and investors because it shows where market attention remained concentrated. In practical terms, when the most active names and the most influential names are the same, their price direction becomes especially important for understanding the day’s sector move.

Technical View Based on Available Price Action

Using only the available verified session data, the short-term technical picture for Nifty Bank is one of consolidation. The index opened below the previous close, traded to both an intraday high and intraday low with a meaningful range, and then ended with an almost negligible loss. That pattern generally reflects indecision rather than directional conviction.

The intraday range for the session was 332.40 points, calculated from the high of 57,596.40 and the low of 57,264.00. The close at 57,496.30 places the index above the day’s low and below the day’s high, which means it recovered from weaker levels but did not gather enough momentum to close strongly positive.

For traders who track price structure, the key near-term reference points from today’s action are straightforward: the day low of 57,264.00 becomes an immediate downside marker, while the day high of 57,596.40 becomes the first upside marker. A move beyond either end of this range in a later session would be more informative than today’s final 0.02% decline by itself.

At an index level, the trend label for the day is sideways with a mild negative tilt. At a constituent level, leadership was mixed. HDFC Bank closed at the day high, which is a constructive sign. ICICI Bank, by contrast, ended notably lower. Axis Bank and SBI held positive ground, while AU Small Finance Bank and IndusInd Bank weakened. This split leadership typically corresponds to range-bound index behavior.

Because broader moving averages, RSI, MACD, VWAP and longer technical indicators are not part of the verified dataset here, the most responsible interpretation is that Nifty Bank is currently showing consolidation based on available price and breadth evidence. Investors should focus on whether buying broadens beyond a handful of gainers, or whether the slight breadth weakness deepens in the next session.

Historical Context from Today’s Session

Today’s change in Nifty Bank was very small in headline terms, but the internal action was much more active than the final number suggests. A 0.02% decline usually reads as a flat day, yet the breadth and stock tables show genuine movement across multiple banks. That distinction matters because quiet index closes can still be important if sector leadership is shifting.

In this session, private sector banking performance was split. HDFC Bank and Axis Bank were positive, but ICICI Bank, IndusInd Bank and Kotak Mahindra Bank ended weak or slightly weak. Public sector banks were relatively stable to positive, with SBI, Union Bank of India, Bank of Baroda and Canara Bank all in the green, while Punjab National Bank was unchanged. This suggests that even within Nifty Bank, there was meaningful internal rotation.

For market participants, that means the sector should not be read as uniformly weak simply because the index closed slightly lower. Instead, the better interpretation is that the market was reassessing relative strength within the banking pack. On some days, that process leads to trend continuation. On other days, it leads to a fresh directional move once the stronger subgroup begins to dominate.

What Should Investors Watch Next in Nifty Bank?

The next thing to watch in Nifty Bank is whether today’s split performance narrows or widens. If gainers such as HDFC Bank, Axis Bank and SBI continue to advance while fewer stocks decline, the breadth picture can improve quickly. On the other hand, if ICICI Bank and other laggards remain under pressure and drag more constituents lower, the slight negative bias could become more pronounced.

Investors should also monitor whether the index can move decisively above today’s high of 57,596.40 or below today’s low of 57,264.00 in the next session. Since the index spent the day within a broad range and finished nearly flat, those two levels stand out as the most useful short-term markers from available data.

At the stock level, HDFC Bank deserves attention because it was both a top gainer and one of the key heavyweight names in the sector. ICICI Bank deserves equal attention for the opposite reason: it was the sharpest loser among the major names shown here. Continued divergence between those two banks could remain a major driver of Nifty Bank’s near-term direction.

Public sector banking strength is another area to watch. Union Bank of India, SBI, Bank of Baroda and Canara Bank all ended in positive territory. If that strength persists and private sector weakness remains limited, it can help stabilize the broader banking index even in the absence of a sharp rally.

Key Takeaways

Nifty Bank closed at 57,496.30, down 13.65 points or 0.02%.
The session was largely sideways, with a mild negative bias rather than a strong fall.
HDFC Bank was the top performer, rising 1.31%.
ICICI Bank was the biggest loser, falling 1.40%.
Market breadth was slightly negative: 6 advancers, 7 decliners and 1 unchanged stock.
PSU banking names showed relative support, while private banking performance was mixed.
The day’s key short-term price markers are 57,596.40 on the upside and 57,264.00 on the downside.

Featured Snippet Answers

What is Nifty Bank?

Nifty Bank is a banking sector index that tracks the performance of major listed bank stocks in India. It is widely used to measure how the banking segment is performing relative to the broader stock market.

Why is Nifty Bank moving today?

Nifty Bank moved today because gains in HDFC Bank, Axis Bank and SBI were offset by declines in ICICI Bank, AU Small Finance Bank and IndusInd Bank. The result was a nearly flat close with a mild negative bias.

Which stock contributed the most on the upside today?

HDFC Bank was the strongest upside contributor in today’s verified list, rising 1.31% and closing at its intraday high of 720.30.

Which stock fell the most today?

ICICI Bank fell the most among tracked Nifty Bank constituents today, declining 1.40% or 20.20 points to close at 1,422.80.

How many Nifty Bank stocks advanced today?

Six Nifty Bank stocks advanced today, while seven declined and one remained unchanged, indicating slightly negative market breadth.

Google AI Overview Summary

Nifty Bank today closed at 57,496.30, down 0.02%, after a range-bound session. The banking index was supported by gains in HDFC Bank, Axis Bank, State Bank of India and Union Bank of India, but these were offset by declines in ICICI Bank, AU Small Finance Bank and IndusInd Bank. Market breadth was slightly negative with 6 advancers against 7 decliners. The next key levels to watch from available price action are today’s high of 57,596.40 and low of 57,264.00.

Published on 28 August 2026 at 4:01 PM IST

Frequently Asked Questions

1. What is the Nifty Bank index today?

Nifty Bank closed at 57,496.30 on 28 August 2026, down 13.65 points or 0.02% for the day.

2. Why did Nifty Bank close lower today?

The index closed slightly lower because losses in ICICI Bank, AU Small Finance Bank and IndusInd Bank offset gains in HDFC Bank, Axis Bank and SBI.

3. Was Nifty Bank bullish or bearish today?

The session was mostly sideways with a mild negative bias. The final change was very small, so the market showed consolidation rather than a strong bearish trend.

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

Nifty Bank opened at 57,429.75.

5. What were the day’s high and low for Nifty Bank?

The index touched an intraday high of 57,596.40 and a low of 57,264.00.

6. Which was the top gainer in Nifty Bank today?

HDFC Bank was the top gainer, rising 1.31% to close at 720.30.

7. Which was the top loser in Nifty Bank today?

ICICI Bank was the top loser, falling 1.40% to 1,422.80.

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

Six stocks closed in the green, representing 42.86% of the tracked constituents.

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

The advance-decline ratio was 0.86, based on 6 advancing stocks and 7 declining stocks.

10. Which major banking stocks supported Nifty Bank today?

HDFC Bank, Axis Bank, State Bank of India, Union Bank of India and Bank of Baroda were among the key supporting stocks in today’s session.

11. Which major banking stocks dragged Nifty Bank today?

ICICI Bank, AU Small Finance Bank, IndusInd Bank, IDFC First Bank and Yes Bank were the main drags based on today’s verified constituent moves.

12. What should investors watch next in Nifty Bank?

Investors should watch whether the index moves above 57,596.40 or below 57,264.00, and whether breadth improves from today’s slightly negative reading.

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.