Nifty Financial Services Today: Index Falls 0.93% on 8 September

In the closing-bell session, Nifty Financial Services ended lower by 0.93% at 25,695.55 on 8 September 2026. The index was the steepest loser among the tracked NSE sector indices, with weakness across several key financial stocks outweighing gains in select lenders and asset-management names.

Quick sector takeaways

• Nifty Financial Services today fell 240.05 points, or 0.93%, from the previous close of 25,935.60 to 25,695.55.
• The index traded between 25,904.95 and 25,690.15, ending just 5.40 points above its intraday low.
• Market breadth was negative: 7 stocks advanced while 12 declined, producing an advance-decline ratio of 0.58.
• SBI Life, ICICI Bank and Axis Bank were among the sharpest fallers, while LIC Housing Finance, PFC and Muthoot Finance posted gains. Next session, watch whether the index can move away from 25,690.15.

Nifty Financial Services today: closing-bell wrap

Nifty Financial Services today closed at 25,695.55, down from 25,935.60 in the preceding session. The 240.05-point decline placed the financial-services gauge at the bottom of the sector ranking for the day.

The index opened at 25,885.15, already below its previous close, and reached a session high of 25,904.95. It then moved lower through the day and finished near the day’s low of 25,690.15. That closing position reflected end-of-session pressure within the sector, while the breadth reading showed that declines extended across a larger share of the index’s stocks than advances.

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Price snapshot

The index’s previous close was 25,935.60 and its closing level was 25,695.55, a fall of 0.93%. Its day high stood at 25,904.95, while the day low was 25,690.15, creating an intraday range of 214.80 points.

The close was 209.80 points below the opening level of 25,885.15. It was also only 5.40 points above the session low, whereas it remained 209.40 points below the session high. These figures describe a session in which the index finished at the lower end of its trading range.

Sector ranking

Nifty Financial Services was the top losing sector index in the session because its 0.93% fall was the largest decline among all eight tracked NSE sector indices. The complete ranking, from the strongest gain to the steepest fall, was as follows:

1. Nifty Pharma: up 0.77%.
2. Nifty FMCG: up 0.35%.
3. Nifty Auto: up 0.28%.
4. Nifty Mid Select: up 0.15%.
5. Nifty Metal: up 0.02%.
6. Nifty IT: down 0.37%.
7. Nifty Bank: down 0.54%.
8. Nifty Financial Services: down 0.93%.

The ranking places the financial-services index behind Nifty Bank as well as the six indices that ended in positive territory. Nifty Bank’s 0.54% fall and Nifty Financial Services’ 0.93% decline meant financial-sector indices occupied the final two positions in the session’s sector comparison.

Constituent breadth

Of the 19 Nifty Financial Services stocks with quoted prices, 7 advanced and 12 declined, with none unchanged. The advance-decline ratio stood at 0.58, indicating that decliners outnumbered advancers by a clear margin.

The breadth result aligns with the index’s negative finish. Gains in a group of stocks did not offset the larger number of declines, particularly among several prominent banks, insurers and finance companies. Breadth is useful as a participation measure: it shows whether a sector move was shared widely or confined to a small set of names.

Heavyweights versus broader participation

The session showed a mixed picture among prominent financial stocks. Muthoot Finance gained 0.68% to ₹2,899.70, while State Bank of India added 0.21% to ₹1,008.00. LIC Housing Finance rose 1.99% to ₹563.00.

On the other hand, SBI Life fell 2.04%, and Bajaj Finserv was nearly unchanged with a 0.03% decline. The contrast between these moves and the sector’s negative breadth underlines that positive performance in select names was insufficient to change the overall closing direction.

Key Nifty Financial Services stocks

Stock	Move	Why it matters
SBI Life	₹1,696.60, down 2.04%	It was the largest percentage loser among the highlighted stocks and closed at its day low.
ICICI Bank	₹1,399.40, down 1.97%	The stock declined sharply and finished close to its intraday low of ₹1,396.30.
Axis Bank	₹1,244.90, down 1.67%	Its fall added to the pressure visible across banking-oriented names.
LIC Housing Finance	₹563.00, up 1.99%	It was the strongest percentage gainer and closed at its day high.
Muthoot Finance	₹2,899.70, up 0.68%	It ended at its day high despite the broader sector decline.

Biggest positive movers

LIC Housing Finance led the gainers with a 1.99% rise to ₹563.00. PFC followed with a 0.79% gain to ₹355.90, while Muthoot Finance rose 0.68% to ₹2,899.70. HDFC Asset Management advanced 0.63% to ₹2,447.30 and REC gained 0.46% to ₹317.85.

LIC Housing Finance and Muthoot Finance closed at their respective day highs. PFC ended 0.60 points below its intraday high of ₹356.50, while HDFC Asset Management closed below its high of ₹2,454.00.

Biggest negative movers

SBI Life was the largest loser, falling 2.04% to ₹1,696.60. ICICI Bank declined 1.97% to ₹1,399.40, followed by Axis Bank, down 1.67% to ₹1,244.90. Cholamandalam Investment and Finance lost 1.34% to ₹1,823.40, while HDFC Bank fell 1.06% to ₹703.00.

SBI Life and HDFC Bank both closed at their day lows. ICICI Bank finished near its low, while Axis Bank ended above its intraday low of ₹1,239.50 after a volatile trading range.

Stocks to watch next session

• SBI Life: Watch whether it moves away from its closing and day-low level of ₹1,696.60.
• ICICI Bank: Track its movement following a close at ₹1,399.40 after a 1.97% decline.
• Axis Bank: Monitor the stock after it closed at ₹1,244.90, down 1.67%.
• LIC Housing Finance: Observe follow-through after its 1.99% gain and close at ₹563.00.
• Muthoot Finance: Watch whether it extends its move after ending at the day high of ₹2,899.70.
• HDFC Bank: Follow its price action after a 1.06% decline and a close at ₹703.00.

The constructive case

The constructive evidence came from the presence of seven advancing stocks despite the sector’s overall fall. LIC Housing Finance posted the strongest gain, while PFC, Muthoot Finance, HDFC Asset Management, REC and State Bank of India also ended higher.

Several gainers finished at or near their intraday highs, including LIC Housing Finance and Muthoot Finance. This indicates that positive stock-specific price action remained visible within the sector even as the index closed lower.

The cautious case

The cautious case rests on the index’s 0.93% fall, its position as the session’s weakest sector index and negative breadth of 7 advances against 12 declines. The index also ended near its intraday low, following a lower opening and an inability to sustain levels near the session high.

Large declines in SBI Life, ICICI Bank, Axis Bank, Cholamandalam Investment and Finance, and HDFC Bank coincided with the broader pressure. The next session will show whether the sector’s positive movers can broaden or whether the negative breadth persists.

Univest Insights

The closing data presents a clear split within financial services: the sector index weakened materially, yet a group of lenders and financial companies recorded gains. Such divergence makes stock-level monitoring especially relevant after a broadly negative session.

The index’s close at 25,695.55 was near the day’s low of 25,690.15, making the lower end of the day’s range a notable reference point for the next trading session. Its day high of 25,904.95 defines the other end of the session’s observed range.

Breadth was tilted towards declines, but it was not one-sided. Seven advancing names, led by LIC Housing Finance, show that participation was mixed rather than uniformly negative. The performance of ICICI Bank, Axis Bank and HDFC Bank will remain relevant alongside the stronger closing action in Muthoot Finance and LIC Housing Finance.

For nifty financial services today, the specific reading to watch next session is whether the index holds above 25,690.15 while breadth improves from 7 advancers versus 12 decliners.

Published on 8 September 2026 at 4:19 PM IST

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Frequently asked questions

What was the Nifty Financial Services closing level on 8 September 2026?

Nifty Financial Services closed at 25,695.55, down 240.05 points or 0.93% from the previous close of 25,935.60.

Why was Nifty Financial Services the top losing sector index?

Its 0.93% decline was the steepest fall among the eight tracked NSE sector indices during the session.

What were the day high and day low for Nifty Financial Services?

The index recorded a day high of 25,904.95 and a day low of 25,690.15.

How was the breadth in Nifty Financial Services stocks?

Seven stocks advanced and 12 declined, with no unchanged stocks among the quoted prices.

Which stocks were the top gainers in the sector?

LIC Housing Finance rose 1.99%, followed by PFC at 0.79%, Muthoot Finance at 0.68%, HDFC Asset Management at 0.63% and REC at 0.46%.

Which stocks were the biggest losers in the sector?

SBI Life fell 2.04%, ICICI Bank declined 1.97%, Axis Bank lost 1.67%, Cholamandalam Investment and Finance dropped 1.34%, and HDFC Bank fell 1.06%.

Prices and market breadth in this update are as of 8 September 2026 at 4:15 PM IST.

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.