Nifty Financial Services Today: Index Slips 0.30% at Open

Updated: 10 Aug 2026 • 10:05 am

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Nifty Financial Services Today: Index Slips 0.30% at Open

Nifty Financial Services opened the session under pressure on 10 August 2026, trading 0.30% lower at 26,387.10 at 10:00 AM IST. The early-session picture was broad-based on the downside, although select finance names remained positive.

Quick sector takeaways

Nifty Financial Services today stood at 26,387.10, down 78.90 points or 0.30% from the previous close of 26,466.00.
The index moved between 26,349.60 and 26,547.90 during the early session after opening at 26,489.15.
Market breadth was negative: 13 of 19 displayed stocks declined, while six advanced.
Power Finance Corporation, REC and ICICI Lombard were among the sharper decliners, while Cholamandalam Investment and Finance, Muthoot Finance and Axis Bank were positive. Watch whether the index holds near its intraday low and whether breadth improves.

Nifty Financial Services today

The financial-services index began above its previous close but moved lower in the opening phase. At 26,387.10, it was below both the opening level of 26,489.15 and the prior close of 26,466.00. The 78.90-point decline represents the actual early-session movement in the index.

The index briefly reached 26,547.90 before slipping to 26,349.60. Its latest level was only 37.50 points above the day’s low, showing that the early-session trading range had tilted towards the lower end by 10:00 AM IST. This is an intraday observation rather than an indication of what may follow through the rest of the session.

Investors tracking the sector can follow the live Nifty Financial Services screener for updated prices and stock-level movement.

Price snapshot

Measure	Level	Early-session reading
Previous close	26,466.00	Reference level for the day
Open	26,489.15	Opened above the previous close
Day high	26,547.90	Highest level reached so far
Day low	26,349.60	Lowest level reached so far
LTP	26,387.10	Down 78.90 points, or 0.30%

The span between the day’s high and low was 198.30 points. With the LTP positioned close to the low of that range, the opening-bell reading remained cautious. The index’s opening above the previous close and subsequent move below it also underline the intraday change in direction.

Sector ranking

Nifty Financial Services was the second top losing sector index among the configured sector indices tracked in this update. Its 0.30% fall placed it behind Nifty FMCG, which was down 0.45%. Nifty Bank was lower by 0.28%, while several other tracked indices, including Nifty IT, Nifty Auto, Nifty Pharma, Nifty Metal and Nifty Mid Select, were in positive territory.

This ranking provides context for the sector’s relative position at the opening bell: financial services was among the weaker pockets in the configured index set, though not the steepest decliner.

Constituent breadth

The breadth data showed 13 decliners and six advancers among 19 displayed stocks, resulting in an advance-decline ratio of 0.46. The negative breadth aligned with the index’s 0.30% decline. There were no unchanged stocks in the displayed set.

Broad participation on the declining side matters because it shows that the lower index reading was accompanied by weakness across more displayed stocks than gainers. At the same time, the presence of six gainers indicates that the sector was not moving uniformly in one direction.

Heavyweights versus broader participation

Among the supplied heavyweight names, Muthoot Finance rose 1.24% to ₹2,925.80. State Bank of India fell 1.39% to ₹1,082.00, SBI Life declined 0.62% to ₹1,844.00, Bajaj Finserv was down 0.49% at ₹1,999.10, and LIC Housing Finance slipped 0.40% to ₹502.25.

The same supplied set was identified in the most-active stock list. The mixed heavyweight performance contrasted with the broader negative breadth: Muthoot Finance was positive, but four of the other named heavyweight stocks were lower. State Bank of India’s 1.39% decline was notable within that group.

Key Nifty Financial Services stocks

Stock	Move	Why it matters
Power Finance Corporation	₹403.00, down 4.05%	Sharpest percentage fall among the supplied movers.
REC	₹357.45, down 2.60%	Second-largest decline in the displayed group.
State Bank of India	₹1,082.00, down 1.39%	A named heavyweight that traded lower.
Cholamandalam Investment and Finance	₹1,889.80, up 1.26%	Top percentage gainer among supplied stocks.
Muthoot Finance	₹2,925.80, up 1.24%	Positive heavyweight counterpoint to the wider decline.

Biggest positive movers

Cholamandalam Investment and Finance led the supplied gainers, rising 1.26% to ₹1,889.80 after trading between ₹1,862.00 and ₹1,891.60. Muthoot Finance gained 1.24% to ₹2,925.80 and reached an intraday high of ₹2,938.40. Axis Bank advanced 0.48% to ₹1,243.90.

Smaller positive moves were seen in Bajaj Finance, up 0.16% to ₹1,079.70, Shriram Finance, up 0.11% to ₹1,116.20, and HDFC Bank, up 0.09% to ₹731.65. These gains offered selective support within an otherwise negative breadth picture.

Biggest negative movers

Power Finance Corporation was the biggest percentage loser in the supplied list, falling 4.05% to ₹403.00. Its day low was ₹402.65. REC declined 2.60% to ₹357.45 and traded at ₹357.00 at its day low.

ICICI Lombard General Insurance fell 1.77% to ₹1,610.00, ICICI Prudential Life Insurance declined 1.66% to ₹492.75, and HDFC Life Insurance was down 1.52% to ₹531.80. Each was trading closer to its intraday low than its high at the stated time, an observation that reflects the opening-session price position.

Stocks to watch next session

Power Finance Corporation, following its 4.05% fall and ₹402.65 day low.
REC, after declining 2.60% and touching ₹357.00.
Cholamandalam Investment and Finance, the top percentage gainer at 1.26%.
Muthoot Finance, which rose 1.24% while appearing in the supplied heavyweight and most-active lists.
State Bank of India, down 1.39% at ₹1,082.00.
Axis Bank, which remained positive at 0.48%.

The constructive case

The constructive evidence was selective but visible. Six displayed stocks advanced, led by Cholamandalam Investment and Finance and Muthoot Finance. Axis Bank, Bajaj Finance, Shriram Finance and HDFC Bank also traded above their previous closes. The index also opened above its previous close and recorded a high of 26,547.90 before the subsequent decline.

For participants monitoring Nifty Financial Services today, these positive pockets are relevant because they show that gains were present within the sector even as the headline index moved lower.

The cautious case

The cautious case rests on the index’s 0.30% decline, its LTP near the intraday low, and negative breadth of 13 decliners against six advancers. The largest supplied stock moves were on the downside, led by Power Finance Corporation and REC. Several insurance names also recorded declines exceeding 1.5%.

The early-session index reading was below the previous close despite an opening above that level. Continued monitoring of the price range, the balance between gainers and decliners, and the movement in the named banking, finance and insurance stocks can help place subsequent sector moves in context.

Univest Insights

The opening-bell snapshot shows a financial-services index under measured pressure rather than a uniform decline across every displayed stock. The index was down 78.90 points, while the 13-to-six decline-to-advance count showed that the negative move had wider participation.

The split within supplied heavyweight names is important to observe. Muthoot Finance was positive, whereas State Bank of India, SBI Life, Bajaj Finserv and LIC Housing Finance were lower. This divergence matched the mixed stock-level tone visible across the sector.

Price positioning will remain central in the next update. The index’s 26,349.60 low and 26,547.90 high define the early-session range, with the 26,387.10 LTP near the lower boundary at 10:00 AM IST. Readers can check the broader Univest Market View alongside the sector screener for updated market context.

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

Published on 10 August 2026 at 10:04 AM IST

Frequently asked questions

What is Nifty Financial Services today?

Nifty Financial Services was at 26,387.10 at 10:00 AM IST on 10 August 2026, down 78.90 points or 0.30% from its previous close.

What was the previous close of Nifty Financial Services?

The previous close was 26,466.00.

What were the day high and day low?

The index recorded a day high of 26,547.90 and a day low of 26,349.60 in the early session.

How was breadth in the financial-services index?

Among 19 displayed stocks, six advanced, 13 declined and none were unchanged.

Which stocks gained the most in the sector?

Cholamandalam Investment and Finance gained 1.26%, followed by Muthoot Finance at 1.24% and Axis Bank at 0.48%.

Which stocks fell the most in the sector?

Power Finance Corporation fell 4.05%, REC declined 2.60%, and ICICI Lombard General Insurance was down 1.77%.

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.