The NIFTY BANK index ended Monday's session at 57,168.40, gaining 353.60 points or 0.62% from its previous close of 56,814.80. The index touched an intraday high of 57,804.50 and a low of 57,119.20 during the trading session.
Market breadth remained positive, with 13 stocks advancing and only 1 stock declining. The banking index also delivered strong short-term performance, rising 5.74% over the past week and 6.44% over the last month.
YES Bank emerged as the top performer, followed by IDFC First Bank, AU Small Finance Bank, IndusInd Bank, and Punjab National Bank.
| Stock | LTP (₹) | Change (₹) | Change (%) |
| YES Bank | 23.74 | 0.72 | 3.13% |
| IDFC First Bank | 78.30 | 1.80 | 2.35% |
| AU Small Finance Bank | 1,033.90 | 18.40 | 1.81% |
| IndusInd Bank | 932.75 | 15.40 | 1.68% |
| Punjab National Bank | 107.94 | 1.06 | 0.99% |
| Stock | LTP (₹) | Change (₹) | Change (%) |
| ICICI Bank | 1,328.10 | -12.70 | -0.95% |
The banking index has continued to show resilience despite market volatility. Over the past year, NIFTY BANK has delivered a return of 2.96%, while its 3-year and 5-year returns stand at 31.59% and 62.19%, respectively.
The index currently trades at a price-to-earnings (P/E) ratio of 14.29 and a price-to-book (P/B) ratio of 1.85, reflecting relatively reasonable valuations compared to broader market benchmarks.
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NIFTY BANK closed higher on June 15, supported by gains in YES Bank, IDFC First Bank, IndusInd Bank, and other banking stocks. With the index posting strong weekly and monthly returns, the banking sector continues to remain a key driver of market performance.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jun 15, 2026, 3:25 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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