Nifty Bank Today: Price, Breadth, Stocks and Analysis

Updated: 7 Sept 2026 • 4:02 pm

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Nifty Bank Today: Price, Breadth, Stocks and Analysis

Nifty Bank today closed the session tone with a mild but broad-based decline, reflecting weakness across most banking names even though one major private lender managed to stay in the green. The index stood at 57,088.3, down 281.35 points or 0.49% from the previous close of 57,369.65. The move may look moderate at the headline level, but the internal picture was much weaker than the index change alone suggests.

That is because market breadth within the banking pack was decisively negative. Out of 14 constituents, only 1 stock advanced while 13 declined. This means the fall was not caused by just one or two outliers. Instead, the weakness was spread across public sector banks, private sector banks and small finance representation inside the index. When breadth is this skewed, traders usually read it as a sign of broad selling pressure rather than a narrow stock-specific adjustment.

At the same time, the intraday range also matters. Nifty Bank opened at 57,343.3, briefly touched a high of 57,426.85, and then slipped to a low of 57,002.95 before settling at 57,088.3. That pattern suggests the index could not sustain early levels and spent much of the session under pressure. In simple terms, buyers did appear near the start, but sellers were stronger through the day.

This article gives a complete, data-first view of Nifty Bank live performance using the verified closing dataset for 7 September 2026. It covers the index snapshot, breadth, constituent performance, top gainers, top losers, heavyweight stocks, price structure and what investors should watch next from the price action itself.

Table of Contents

Nifty Bank Today: Sector Index Snapshot

Metric	Value
Current Value	57,088.3
Absolute Change	-281.35
Percentage Change	-0.49%
Opening Value	57,343.3
Previous Close	57,369.65
Day High	57,426.85
Day Low	57,002.95
Market Status	Closed
Last Updated	7 September 2026 at 4:00:02 PM IST
Market Trend	Bearish

Today’s Nifty Bank performance indicates a bearish session with controlled index-level damage but very weak participation underneath. The index was lower versus the previous close, traded in a downward intraday structure after failing to hold its early high, and ended much closer to the day’s low than the day’s high. That closing position matters because it often signals that selling pressure remained present into the latter part of the session.

Another important point is the difference between headline return and constituent distribution. A 0.49% fall may appear manageable, but when 92.86% of the index constituents are in the red, it points to wider weakness than the index alone may imply. This is especially relevant in a sectoral index like Nifty Bank, where heavyweight private banks can sometimes cushion broader declines. In today’s case, that cushioning effect appears to have come mainly from ICICI Bank, the sole advancing constituent.

Why Is Nifty Bank Moving Today?

Based on the verified session data, the clearest explanation for today’s move is broad-based weakness across banking constituents rather than a single stock collapse. With 13 out of 14 stocks declining, Nifty Bank’s fall was driven by sector-wide pressure visible in both PSU and private banking names.

The second clear factor visible from price action is the inability of the index to build on its early levels. Nifty Bank opened at 57,343.3 and moved to an intraday high of 57,426.85, which was slightly above the previous close. However, the index then reversed lower and touched 57,002.95. When an index opens near the prior close, attempts a small upward push, and then falls steadily, it often reflects supply emerging on rallies.

Stock-level movement also reinforces the same conclusion. Among heavyweight and actively watched names, State Bank of India fell 1.00%, Kotak Mahindra Bank declined 0.57%, Axis Bank slipped 0.55%, and HDFC Bank lost 0.22%. Since these names are closely followed and often influence the sector mood, simultaneous declines across them contributed to the overall weak tone.

Public sector banks were particularly soft on a percentage basis. Punjab National Bank and Canara Bank both fell 1.20%, Bank of Baroda dropped 0.84%, and Union Bank of India declined 0.63%. AU Small Finance Bank Ltd. fell 1.13%, while IndusInd Bank Ltd. lost 1.04%. In contrast, ICICI Bank Ltd. rose 0.30%, standing out as the only positive name in the index.

There is also a useful interpretive takeaway here: when only one constituent closes in the green and the rest finish lower, the index movement is less about selective stock rotation and more about a broad risk-off phase within the sector for the day. Any deeper macro or event-driven explanation would require additional verified inputs beyond the price and breadth data, so today’s analysis is intentionally anchored to what the trading pattern itself confirms.

Market Breadth: How Strong or Weak Was the Banking Pack?

Breadth Indicator	Value
Advancing Stocks	1
Declining Stocks	13
Unchanged Stocks	0
Advance-Decline Ratio	0.08
Stocks in Green	7.14%
Stocks in Red	92.86%

Market breadth was decisively weak today. An advance-decline ratio of 0.08 means there was roughly 1 advancing stock for every 12 to 13 declining stocks. In practical terms, that is a very poor participation reading and typically reflects widespread selling across the basket.

This matters because breadth often gives a cleaner read on sector health than the index percentage move alone. An index can fall modestly if one or two large constituents hold up relatively well, but that does not mean the sector was stable. In today’s case, the breadth data shows the opposite: the sector was broadly under pressure even though the index fall remained below 1%.

For traders and investors, this kind of breadth often signals that short-term sentiment inside the sector was negative. It does not automatically define the next session’s direction, but it does indicate that buyers were narrowly concentrated while selling was widespread.

Complete Nifty Bank Constituent Performance

Company	CMP	Today %	Today Change	Day Open	Day High	Day Low	Trend
Punjab National Bank	115.6	-1.20%	-1.4	116.41	117.17	115.55	Bearish
Canara Bank	124	-1.20%	-1.5	125.8	126.35	124	Bearish
AU Small Finance Bank Ltd.	1053	-1.13%	-12	1065	1066.8	1046.9	Bearish
IndusInd Bank Ltd.	998	-1.04%	-10.5	1004.1	1017.9	995	Bearish
State Bank Of India	1005.9	-1.00%	-10.2	1020.8	1021.7	1000.6	Bearish
Bank Of Baroda	237	-0.84%	-2	240	240.9	235.2	Bearish
Union Bank Of India	186.04	-0.63%	-1.18	186.5	188.45	183.2	Bearish
Kotak Mahindra Bank Ltd.	422.1	-0.57%	-2.4	421.8	425.7	421	Bearish
Axis Bank Ltd.	1266	-0.55%	-7	1271	1271.9	1261.6	Bearish
Yes Bank Ltd.	22.42	-0.36%	-0.08	22.44	22.59	22.28	Bearish
IDFC First Bank Ltd.	86.44	-0.31%	-0.27	86.29	86.79	85.9	Bearish
The Federal Bank Ltd.	342	-0.29%	-1	343	343	337.6	Bearish
HDFC Bank Ltd.	710.5	-0.22%	-1.6	712.1	713	707.05	Bearish
ICICI Bank Ltd.	1427.5	0.30%	4.3	1428	1434.4	1422.6	Bullish

The constituent table makes the day’s character very clear. ICICI Bank Ltd. was the top performer and the only gainer, rising 0.30%. On the other side, Punjab National Bank and Canara Bank were the worst performers in percentage terms, both down 1.20%. AU Small Finance Bank Ltd., IndusInd Bank Ltd. and State Bank Of India also posted notable declines of more than 1% or near that level.

Another useful observation is that many stocks closed near or at weak intraday positions after opening higher or near the prior close. That suggests intraday selling pressure was not isolated. It spread through multiple names across the index.

Top Contributors to Nifty Bank Gains

Company	Price Change	% Change	Reason Behind Move
ICICI Bank Ltd.	4.3	0.30%	Only advancing constituent in the index; its positive close helped limit the overall fall in Nifty Bank.

ICICI Bank was the only stock that contributed positively on the day. Even without formal contribution weights, its importance is clear from two facts available in the verified data: it was the sole gainer in the constituent list, and it also appears among the key heavyweight names tracked for the index. When a heavyweight stock rises on a day when most constituents decline, it often acts as a stabilizer for the index.

That does not mean the sector was strong. Rather, it means the index decline could have been deeper without ICICI Bank’s resilience. In breadth terms the sector was weak, but at the aggregate index level this one positive heavyweight helped offset part of the pressure created by broader losses.

Top Draggers in Nifty Bank Today

Company	Price Change	% Change	Reason Behind Fall
Punjab National Bank	-1.4	-1.20%	Closed as one of the steepest percentage losers in the index, reflecting broad weakness in the banking pack.
Canara Bank	-1.5	-1.20%	Matched the sharpest percentage decline among constituents and added to negative PSU bank sentiment.
AU Small Finance Bank Ltd.	-12	-1.13%	Among the top losers by percentage and one of the sharper absolute price declines in the basket.
IndusInd Bank Ltd.	-10.5	-1.04%	More than 1% decline signaled meaningful pressure in private banking names as well.
State Bank Of India	-10.2	-1.00%	Weakness in a major banking constituent added to downside pressure on the overall index.

The top draggers were spread across public sector, private sector and small finance banking exposure. That is important because it shows the weakness was diversified rather than concentrated in one sub-pocket. Punjab National Bank and Canara Bank led the declines in percentage terms, while State Bank Of India and IndusInd Bank also registered notable losses. AU Small Finance Bank Ltd. was another clear laggard.

From a market structure perspective, such a distribution usually indicates broad caution within the banking space for the session. When PSU banks and major private banks weaken together, sector sentiment tends to deteriorate faster because there are fewer internal areas of strength to balance the tape.

Heavyweight Stocks: What the Leaders Did Today

Company	CMP	Today %	Today Change	Day High	Day Low
HDFC Bank Ltd.	710.5	-0.22%	-1.6	713	707.05
ICICI Bank Ltd.	1427.5	0.30%	4.3	1434.4	1422.6
State Bank Of India	1005.9	-1.00%	-10.2	1021.7	1000.6
Kotak Mahindra Bank Ltd.	422.1	-0.57%	-2.4	425.7	421
Axis Bank Ltd.	1266	-0.55%	-7	1271.9	1261.6

The heavyweight basket gives a practical explanation for why Nifty Bank fell but not dramatically. ICICI Bank posted gains and likely cushioned some of the pressure. HDFC Bank was only modestly lower at -0.22%, which may also have helped contain index-level damage. However, State Bank Of India, Kotak Mahindra Bank and Axis Bank all ended in the red, keeping the overall bias negative.

For many market participants, this is the most relevant section because heavyweight stocks often shape the index more than smaller constituents. Today’s message from the leaders was mixed at best, but not strong enough to reverse the broader negative breadth signal.

Most Active Stocks in Focus

The most actively watched names in the Nifty Bank universe today 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. Since the verified dataset identifies these as the key active names for the session, their combined direction is useful for reading market participation.

What stands out is that most active names were largely negative, mirroring the weak breadth. This is often more significant than a decline in less-followed counters because activity concentrated in falling names can point to stronger conviction on the sell side during the session.

Price Action Analysis and Trend View

Using the available index price data, the short-term session trend for Nifty Bank was bearish. The index opened below the previous close by a small margin, moved to an intraday high of 57,426.85, and then slipped to 57,002.95 before ending at 57,088.3. This tells us three things.

First, the index attempted to push higher early in the day but failed to build momentum. Second, the range expanded lower after the high was formed, showing that supply overpowered demand as the session progressed. Third, the close came much closer to the low than the high, which generally reflects a weak finish.

In plain English, buyers were unable to defend the early zone around the open and previous close. Once the index drifted lower, it did not recover enough to negate the intraday damage. That is why the end-of-day structure looks weak even though the percentage decline was less than 1%.

For immediate reference, the day’s low of 57,002.95 becomes an important near-term floor from today’s session data, while the day’s high of 57,426.85 marks the top of today’s trading range. If the index remains below the upper end of this band, the session structure stays cautious. If it holds above the lower end in the next phase, it may indicate some stabilization. This is a price-range observation based strictly on today’s trading data rather than a full indicator-based technical setup.

Historical Performance Perspective Available From Today’s Session

Period	Performance
Today vs Previous Close	-0.49%
Today Absolute Move	-281.35 points
Intraday Range	423.90 points
Open vs Previous Close	-26.35 points
Close vs Day Low	85.35 points above low
Close vs Day High	338.55 points below high

While multi-period return data for the index is not part of this verified snapshot, the available day-level comparison still offers useful context. Nifty Bank opened slightly below the previous close, suggesting a mildly negative start. The full intraday range was 423.90 points, which shows the session had meaningful movement even though the final percentage change was moderate.

The close being only 85.35 points above the day’s low is especially notable. It suggests the market did not witness a strong late-session rebound. In many cases, a close near the low signals sellers maintained control until the end of trading.

What Should Investors Watch Next in Nifty Bank?

The first thing to watch after a session like this is whether breadth improves. Today’s 1 advance against 13 declines is the biggest caution flag in the data. A future recovery in the index would look more credible if accompanied by wider participation, meaning more constituents moving into the green rather than just one or two heavyweights supporting the benchmark.

The second factor to monitor is whether ICICI Bank can continue to provide stability while other heavyweights such as HDFC Bank, State Bank Of India, Kotak Mahindra Bank and Axis Bank regain strength. If the leading names remain mixed while the broader list stays weak, index recovery attempts may remain shallow.

Third, traders will likely focus on the zone defined by today’s high and low. The day’s low of 57,002.95 reflects the area where the index found some support during the session, while 57,426.85 marks the point where upside momentum stalled. Future movement around this band can help define whether today was a one-day pullback or the continuation of a weaker short-term phase.

At the stock level, PSU banks deserve special attention because several of them were among the worst performers today. Punjab National Bank, Canara Bank, Bank Of Baroda and Union Bank Of India all closed lower. If this group remains under pressure, it can keep breadth weak even if select private banks hold up.

Key Takeaways

Nifty Bank closed at 57,088.3, down 281.35 points or 0.49%.
The index opened at 57,343.3, hit 57,426.85, and fell to 57,002.95 during the session.
Market breadth was strongly negative: 1 stock advanced and 13 declined.
ICICI Bank Ltd. was the only gainer and the top performer, up 0.30%.
Punjab National Bank and Canara Bank were the steepest percentage losers at -1.20% each.
State Bank Of India, IndusInd Bank Ltd. and AU Small Finance Bank Ltd. also saw notable declines.
Heavyweight performance was mixed, but broad weakness across the list kept the index under pressure.
The close near the lower end of the day’s range supports a bearish session view.

Google AI Overview Style Summary

Nifty Bank today fell 0.49% to 57,088.3 after failing to hold early levels. The index opened near the previous close, touched 57,426.85, and then moved lower to 57,002.95 before closing near the lower end of the day’s range. The move was driven by broad-based weakness rather than a single large stock decline, as 13 of 14 constituents closed in the red. ICICI Bank Ltd. was the only gainer and helped limit the fall, while Punjab National Bank, Canara Bank, AU Small Finance Bank Ltd., IndusInd Bank Ltd. and State Bank Of India were among the main laggards. Investors may watch whether breadth improves in the next session and whether heavyweight banks can offset weakness in PSU banking names.

Featured Snippet Ready Answers

What is Nifty Bank?

Nifty Bank is a banking sector index that tracks the performance of major bank stocks listed on the National Stock Exchange. It is widely used to gauge the direction, strength and sentiment of the Indian banking sector.

Why is Nifty Bank moving today?

Nifty Bank moved lower today because selling was broad-based across the sector. Out of 14 constituents, 13 declined and only 1 advanced, showing that weakness was spread across the banking pack rather than limited to one stock.

Which stock contributed the most positively today?

ICICI Bank Ltd. was the only advancing constituent in Nifty Bank today, rising 0.30%. Its gain helped cushion the index and reduce the overall fall.

Which stocks fell the most today?

Punjab National Bank and Canara Bank were the worst percentage performers in Nifty Bank today, each declining 1.20%.

How many stocks advanced in Nifty Bank today?

Only 1 stock advanced in Nifty Bank today, while 13 declined. That resulted in a very weak advance-decline ratio of 0.08.

Published on 7 September 2026 at 4:01 PM IST

Frequently Asked Questions

1. What is the Nifty Bank value today?

Nifty Bank closed today at 57,088.3, down 281.35 points from the previous close.

2. How much did Nifty Bank fall today?

Nifty Bank declined by 0.49% today, which translates to a loss of 281.35 points.

3. Why is Nifty Bank down today?

Nifty Bank was down today because most of its constituents ended in the red. Thirteen of the 14 banking stocks declined, showing broad-based weakness across the sector.

4. Was Nifty Bank bullish or bearish today?

The session was bearish. The index closed lower than the previous close and finished near the day’s low, while breadth was strongly negative.

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

Nifty Bank opened at 57,343.3 today.

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

The index touched a day high of 57,426.85 and a day low of 57,002.95.

7. Which stock was the top gainer in Nifty Bank today?

ICICI Bank Ltd. was the top gainer and the only advancing constituent in the index, up 0.30%.

8. Which stocks were the top losers in Nifty Bank today?

Punjab National Bank and Canara Bank were the top losers in percentage terms, each falling 1.20%.

9. How many Nifty Bank stocks advanced and declined today?

One stock advanced and 13 stocks declined in Nifty Bank today.

10. What does the Nifty Bank advance-decline ratio show today?

The advance-decline ratio was 0.08, which shows very weak breadth and broad selling pressure in the banking sector.

11. Which heavyweight banks were weak today?

Among key heavyweight names, HDFC Bank Ltd., State Bank Of India, Kotak Mahindra Bank Ltd. and Axis Bank Ltd. all closed lower, while ICICI Bank Ltd. was the exception.

12. What should investors watch next in Nifty Bank?

Investors may watch whether sector breadth improves, whether heavyweight banks turn stronger, and whether the index holds above today’s low or moves back toward today’s high range.

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.