Nifty Bank Today: Index Ends 0.29% Lower at 57,739.95

Updated: 5 Aug 2026 • 4:19 pm

Posted by:

Nifty Bank Today: Index Ends 0.29% Lower at 57,739.95

Nifty Bank today ended lower in the 5 August 2026 closing session, declining 167.25 points, or 0.29%, to 57,739.95. The index closed below its previous close of 57,907.20 as declines outnumbered advances across the tracked banking stocks. The session data was last updated at 4:15 PM IST.

Quick sector takeaways

Nifty Bank fell 0.29% to 57,739.95, compared with the previous close of 57,907.20.
The index traded between 57,456.35 and 57,931.85 during the day, reflecting a 475.50-point intraday range.
Breadth was tilted lower: 9 of 14 tracked stocks declined, while 5 advanced and none remained unchanged.
State Bank of India gained 1.18%, while The Federal Bank Ltd. fell 1.66%. Watch whether the split between select gainers and broader declines persists in the next session.

Nifty Bank today: closing-session recap

Nifty Bank today finished the session under pressure, settling at 57,739.95 after opening at 57,810.05. The closing level was 167.25 points below the previous close of 57,907.20. While the percentage move was contained at 0.29%, the index ended below both its opening level and the prior session’s close.

The intraday path showed movement on both sides of the opening mark. Nifty Bank reached a high of 57,931.85, which was above the previous close, before sliding to a low of 57,456.35. Its final level stood 283.60 points above the day’s low and 191.90 points below the day’s high. This places the close in the lower half of the day’s trading range.

The sector picture was mixed rather than uniformly weak. Gains in a few banking names, including State Bank Of India, were countered by a larger number of declines. The result was a modestly negative finish for the banking index.

Price snapshot

Metric	Level
Last traded price	57,739.95
Previous close	57,907.20
Day change	-167.25 (-0.29%)
Day open	57,810.05
Day high	57,931.85
Day low	57,456.35

The index’s high was 24.65 points above the previous close, while the low was 450.85 points below it. This comparison highlights that the session included an early move above the prior close before the index gave up ground and ended lower.

Sector ranking

Nifty Bank was selected as the top losing sector index in the configured Univest sector-index universe for this closing update. Its 0.29% fall was the weakest ranked move in that selection. Other configured indices displayed mixed outcomes, with gains visible in Nifty Metal and Nifty Auto, while several indices recorded smaller or comparable declines.

For readers following sector rotation through the Univest Market View, the key point is that the banking pack closed with a negative index reading even though some individual stocks ended in the green. Index direction and constituent participation did not fully align, making breadth especially relevant.

Constituent breadth

Among 14 displayable Nifty Bank stocks, 5 advanced and 9 declined, while none were unchanged. The advance-decline ratio stood at 0.56, meaning there were fewer than six advancing stocks for every 10 declining stocks. That negative breadth is consistent with the index’s closing decline.

The five gainers were State Bank Of India, Union Bank Of India, Canara Bank, Kotak Mahindra Bank Ltd. and Bank Of Baroda. However, declines were spread across nine names, including HDFC Bank Ltd., ICICI Bank Ltd., Axis Bank Ltd., IndusInd Bank Ltd. and The Federal Bank Ltd. The broader count therefore favoured the declining side despite positive moves in select stocks.

Heavyweights versus broader participation

The named heavyweight group presented a mixed picture. HDFC Bank Ltd. declined 0.94% to 735.00, ICICI Bank Ltd. slipped 0.31% to 1,450.10 and Axis Bank Ltd. fell 0.63% to 1,253.90. In contrast, State Bank Of India rose 1.18% to 1,055.00 and Kotak Mahindra Bank Ltd. gained 0.50% to 400.00.

This split matters because the heavyweight set contained both positive and negative moves, while the overall breadth remained negative. HDFC Bank, ICICI Bank, State Bank Of India, Kotak Mahindra Bank and Axis Bank also featured in the supplied activity list, keeping attention on the movement of these widely tracked banking names into the next session.

Key Nifty Bank stocks

Stock	Move	Why it matters
State Bank Of India	+1.18% to 1,055.00	It was the strongest gainer among the listed positive movers and closed at its day high.
The Federal Bank Ltd.	-1.66% to 356.45	It was the largest percentage decliner among the listed negative movers.
HDFC Bank Ltd.	-0.94% to 735.00	Its decline came within the named heavyweight group during a negative index session.
Union Bank Of India	+1.03% to 175.80	It provided a notable positive move despite the index’s lower close.
Axis Bank Ltd.	-0.63% to 1,253.90	It ended lower and was also included among the supplied active stocks.

Biggest positive movers

State Bank Of India led the gainers, rising 12.30 points to 1,055.00, a gain of 1.18%. Its closing price matched its day high of 1,055.00. Union Bank Of India followed with a 1.03% gain to 175.80, after trading between 174.22 and 178.20.

Canara Bank advanced 0.71% to 128.91, Kotak Mahindra Bank Ltd. rose 0.50% to 400.00, and Bank Of Baroda added 0.24% to 245.60. These advances show that buying interest was present in pockets of the banking index, even as the overall close remained negative.

Biggest negative movers

The Federal Bank Ltd. was the steepest faller, dropping 1.66% to 356.45 from 362.45. HDFC Bank Ltd. declined 0.94% to 735.00, while IDFC First Bank Ltd. lost 0.81% to 85.30. AU Small Finance Bank Ltd. fell 0.73% to 1,051.30 and IndusInd Bank Ltd. slipped 0.68% to 1,019.00.

The concentration of these declines, alongside losses in other banking names, outweighed the positive contribution from the day’s gainers. The Federal Bank Ltd. traded as low as 354.20, while HDFC Bank Ltd. touched 732.60 and IndusInd Bank Ltd. reached 1,013.10 during the session.

Stocks to watch next session

State Bank Of India, HDFC Bank Ltd., ICICI Bank Ltd., Axis Bank Ltd., The Federal Bank Ltd. and Union Bank Of India are the key stocks to monitor in the next session. State Bank Of India and Union Bank Of India closed with gains, whereas HDFC Bank, ICICI Bank, Axis Bank and The Federal Bank ended lower.

For stock-specific tracking, readers can follow HDFC Bank Ltd., ICICI Bank Ltd. and The Federal Bank Ltd. alongside the Nifty Bank index. The immediate observation is whether positive follow-through in the gainers can broaden, or whether the larger group of decliners continues to set the sector’s direction.

The constructive case

The constructive evidence from the session is that five banking stocks closed higher despite the index decline. State Bank Of India posted the strongest percentage gain among the listed movers and ended at its intraday high. Union Bank Of India and Canara Bank also finished higher, while Kotak Mahindra Bank Ltd. and Bank Of Baroda added modest gains.

Nifty Bank also recovered from its intraday low of 57,456.35 to finish at 57,739.95. That rebound of 283.60 points from the low is a factual indication that the index did not close at the weakest level of the day.

The cautious case

The cautious evidence is the 0.29% index fall, the close below the opening level and previous close, and negative breadth of 9 decliners against 5 advancers. The index also finished in the lower half of its intraday range after having traded above the previous close at its high.

Several named heavyweight stocks ended lower, including HDFC Bank Ltd., ICICI Bank Ltd. and Axis Bank Ltd. The largest percentage fall among the listed stocks came from The Federal Bank Ltd. These observations keep the session’s overall tone cautious despite gains in selected names.

Univest Insights

Nifty Bank today delivered a restrained but clearly negative closing outcome. The 167.25-point decline was not a broad collapse in individual stock performance, but the greater number of falling names was sufficient to pull the index below 57,800.

The distinction between index performance and stock-level performance is important. State Bank Of India’s 1.18% gain and Union Bank Of India’s 1.03% rise demonstrate positive participation in parts of the sector. Yet the negative finish in HDFC Bank Ltd., ICICI Bank Ltd. and Axis Bank Ltd. coincided with a wider imbalance in the advance-decline count.

The day’s range offers another useful reference point for the next session. Nifty Bank moved from 57,931.85 at the high to 57,456.35 at the low before closing at 57,739.95. Any fresh session assessment will benefit from comparing the opening and subsequent movement against these completed-session levels, without treating them as forecasts.

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

Published on 5 August 2026 at 4:18 PM IST

Frequently asked questions

What was the Nifty Bank closing level today?

Nifty Bank closed at 57,739.95 on 5 August 2026.

How much did Nifty Bank fall today?

Nifty Bank declined 167.25 points, or 0.29%, from its previous close.

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

The index recorded a day high of 57,931.85 and a day low of 57,456.35.

How was Nifty Bank’s market breadth today?

Of 14 tracked stocks, 5 advanced, 9 declined and none were unchanged.

Which Nifty Bank stock gained the most today?

State Bank Of India was the top gainer among the listed stocks, rising 1.18% to 1,055.00.

Which Nifty Bank stock fell the most today?

The Federal Bank Ltd. was the top loser among the listed stocks, declining 1.66% to 356.45.

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.