Nifty Private Bank Index Drops 1.06% as Axis Bank Drags; RBL Bank, Bandhan Bank Trade Higher
By Shishta Dutta | Published at: Jul 18, 2025 11:24 AM IST
Mumbai, July 18, 2025 – The Nifty Private Bank Index slipped 296.10 points or 1.06% to 27,647.25 in Friday’s morning session at 09:49 IST, tracking weakness in heavyweight Axis Bank and broad-based sectoral pressure. The index opened lower at 27,616.25 and touched a high of 27,735.20 before paring gains.
At the same time, market breadth within the index was evenly split, with 5 stocks advancing and 5 declining. The broader Nifty 50 was also down 0.32%, trading at 25,030.45.
Index Snapshot (as of 09:49 IST)
| Metric | Value |
|---|---|
| Last Traded Price | 27,647.25 |
| Previous Close | 27,943.35 |
| Change (Pts / %) | -296.10 / -1.06% |
| Day’s Range | 27,609.30 – 27,735.20 |
| 52-Week High / Low | 28,577.65 / 23,508.05 |
| 30-Day Return | +1.00% |
| 1-Year Return | +6.96% |
| Total Traded Volume | 3.62 crore shares |
| Total Traded Value | ₹2,343.42 crore |
Top Gainers in Nifty Private Bank (as of 09:49 IST)
| Stock | Last Price (₹) | Change (₹) | Change (%) |
|---|---|---|---|
| RBL Bank | 271.20 | +2.84 | +1.06% |
| Bandhan Bank | 186.21 | +1.02 | +0.55% |
| IndusInd Bank | 866.30 | +1.20 | +0.14% |
| Yes Bank | 20.16 | +0.02 | +0.10% |
| Federal Bank | 212.73 | +0.14 | +0.07% |
Top Losers in Nifty Private Bank
| Stock | Last Price (₹) | Change (₹) | Change (%) |
|---|---|---|---|
| Axis Bank | 1,112.50 | -47.30 | -4.08% |
| Kotak Bank | 2,150.70 | -17.60 | -0.81% |
| IDFC First Bank | 73.13 | -0.35 | -0.48% |
| HDFC Bank | 1,978.60 | -8.30 | -0.42% |
| ICICI Bank | 1,414.70 | -4.00 | -0.28% |
Market Context
The sharp drop in Axis Bank weighed on the index despite strength in mid-tier private lenders like RBL and Bandhan Bank. With broader market sentiment subdued, the sector failed to build on recent gains despite the Nifty Private Bank index being just 3.25% below its 52-week high.
As of the latest data, the capital markets remain open with a balanced advance-decline ratio in the private banking space, but the index is under pressure from blue-chip lenders.
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