Nifty Bank Stabilises After Slipping 122 Points
By HDFC SKY | Updated at: Jun 11, 2025 03:34 PM IST
Mumbai, June 11, 2025: The Nifty Bank index opened at 56,639.85 but declined 0.22% by 9:32 AM, dropping 122 points to ₹56,507.10 amid broad-based weakness across its constituents. However, it stabilised at around 10:15 A.M, and was trading at ₹56,632.45, up by 0.01%, or ₹3.35.
Despite the initial decline in the broader index, the index price stabilised due to positive performance by key index stocks. At around 10:15 A.M, AU Small Finance Bank was up 1.12% to ₹773.95, nearing its 52-week high of ₹782.60. ICICI Bank also showed modest strength, gaining 0.32% to ₹1,427.50.
On the flip side, Punjab National Bank (PNB) was the top laggard, falling 0.97% to ₹110.80. Kotak Mahindra Bank, Bank of Baroda, and HDFC Bank also posted losses of 0.77% to 0.81% each, weighing on the index. However, most stock narrowed their losses and pushed the index to perform better than the price at which it opened.
Nifty Bank Movement
| Metric | Value |
|---|---|
| Previous Close | 56,629.10 |
| Open | 56,639.85 |
| Day High | 56,669.30 |
| Day Low | 56,489.30 |
| Last Traded Price | 56,632.45 |
| Change | +₹3.35 |
| % Change | +0.01% |
| 52-Week High | 57,049.50 |
| 52-Week Low | 47,702.90 |
| Traded Volume | 1.62 crore |
| Traded Value | ₹5,886 crore |
Key Stock Performances
| Stock | Last Price (₹) | Change (₹) | % Change | Volume | 52W High (₹) |
|---|---|---|---|---|---|
| AU Small Finance | 773.95 | +8.85 | +1.12% | 7.81 lakh | 782.60 |
| ICICI Bank | 1,427.50 | +4.50 | +0.32% | 13.07 lakh | 1,471.60 |
| PNB | 110.80 | -0.97 | -0.87% | 71.71 lakh | 130.19 |
| Kotak Bank | 2,145.00 | -6.10 | -0.28% | 2.72 lakh | 2,301.90 |
| HDFC Bank | 1,956.60 | -8.70 | -0.44% | 14.74 lakh | 1,996.30 |
Sector Snapshot
As of 10:15 A.M, of the 12 index constituents, seven stocks were in red while the remaining were trading in green.
The narrowing downward momentum in heavyweight counters like HDFC Bank, Kotak Bank, and State Bank of India contributed to the index stabilisation.
Outlook
The Nifty Bank index showed early weakness but quickly stabilised as select heavyweight stocks pared losses and others gained modest ground. With supportive moves from ICICI Bank and AU Small Finance Bank, the index appears to be finding a short-term base. However, continued mixed performance among top constituents suggests that the index may remain range-bound in the near term, with broader direction likely to emerge based on global cues and domestic macroeconomic data.
About Nifty Bank:
The Nifty Bank index is a sectoral index on the NSE comprising 12 most liquid and large capitalised banking stocks. It captures the performance of the Indian banking sector — both public and private — and acts as a barometer for market sentiment in the financial services space.
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