Nifty Private Bank Index Drops 1.06% as Axis Bank Drags; RBL Bank, Bandhan Bank Trade Higher

Authored By Shishta Dutta | Published at: Jul 18, 2025 11:24 AM IST

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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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