Bank Stocks Edge Higher in Pre-Open; Nifty Bank Rises 98.75 Points to 57,558.2
By Shishta Dutta | Updated at: Oct 20, 2025 02:22 PM IST
Mumbai, July 2 (NSE) — Nifty Bank opened strong in the pre-open session, advancing by 98.75 points or 0.17% to 57,558.2, led by gains in Federal Bank, HDFC Bank, and Axis Bank. Out of 12 major constituents, 10 advanced while 2 declined.
Nifty Bank Constituents – Pre-Open Snapshot
| Stock | Price (₹) | Change (₹) | % Change | Volume |
|---|---|---|---|---|
| Federal Bank | 220.00 | +1.28 | +0.59% | 72,881 |
| HDFC Bank | 2019.90 | +7.80 | +0.39% | 2,71,042 |
| Axis Bank | 1180.00 | +6.70 | +0.57% | 45,446 |
| AU Small Finance Bank | 840.00 | +1.65 | +0.20% | 5,288 |
| Bank of Baroda | 247.78 | +0.24 | +0.10% | 12,344 |
| SBI | 821.00 | +0.70 | +0.09% | 42,516 |
| Kotak Mahindra Bank | 2185.00 | +1.40 | +0.06% | 4,587 |
| PNB | 113.10 | +0.03 | +0.03% | 1,64,029 |
| ICICI Bank | 1432.20 | +0.20 | +0.01% | 2,33,941 |
| IDFC First Bank | 77.25 | +0.01 | +0.01% | 6,66,893 |
| IndusInd Bank | 875.50 | -3.60 | -0.41% | 25,130 |
| Canara Bank | 114.70 | -0.72 | -0.62% | 99,889 |
Key Takeaways
- Federal Bank hit a fresh 52-week high of ₹220, showing strong demand.
- HDFC Bank continued its bullish trajectory, nearing its yearly high of ₹2027.1.
- IndusInd Bank and Canara Bank were the only laggards in the index.
Index Overview
| Index | Level | Change | % Change |
|---|---|---|---|
| Nifty Bank | 57,558.2 | +98.75 | +0.17% |
Key Highlights
- Federal Bank hit a new 52-week high at ₹220 in pre-open with strong demand on the buy side (278,603 buy quantity vs 1.3 million sell quantity).
- HDFC Bank traded just below its 52-week high of ₹2027.1, continuing its strong performance from previous sessions.
- Axis Bank, with ₹53.62 crore in turnover, also saw solid pre-market demand.
- AU Small Finance Bank touched its new 52-week high of ₹840, signaling continued investor confidence.
Market Outlook
With banking stocks showing strength, market sentiment appears optimistic at the open. The overall market cap stood at ₹384.85 lakh crore with total traded volume of 16.43 lakh shares in the pre-open session, suggesting positive risk appetite among investors.
The benchmark Nifty is set for a firm opening, supported by banking leaders and stable global cues. Investors will now look ahead to macro data and quarterly results for further direction.
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