NIFTY BANK Index Climbs Above 59,100 Mark in Intraday Trade on November 9, 2026

The NIFTY BANK Index opened the November 9, 2026, session with a positive outlook at 59,219.95 and registered an intraday low of 58,877.85 soon after opening. The index later touched an intraday high of 59,393.45. 

NIFTY BANK Index Performance on November 9, 2026 

The NIFTY BANK index opened above its previous close at the 59,219.95 level and hit an intraday low of 58,877.85. 

As the session progressed, strong buying interest emerged, lifting the index by over 540 points from its previous close to touch a high of 59,393.45. 

At 11:19 AM, the index was trading at 59,134.85, up by 284.20 points or 0.48% on November 9, 2026. 

Advance Decline Ratio of NIFTY BANK Index on November 9, 2026 

The market breadth of NIFTY BANK remained positive during the morning session on November 9, 2026, with 8 stocks advancing and 6 stocks declining. 

Broad-based buying was observed across index heavyweights, leaving the vast majority of index constituents in the green. 

Top Gainers and Losers of NIFTY BANK Index on November 9, 2026 

The banking index recorded widespread gains across its constituents during the session as of 11:19 AM. 

Among the gainers, State Bank of India (SBIN) led the advance with a Last Traded Price (LTP) of 1,037.10, gaining 21.10 points (+2.08%). 

It was followed by Punjab National Bank (PNB), which rose by 2.49 points (+1.98%) to an LTP of 128.04. 

Canara Bank (CANBK) also traded firm at an LTP of 125.28 with a value increase of 2.13 points (+1.73%), while Union Bank of India (UNIONBANK) rounded out the top gainers at an LTP of 189.68, adding 3.13 points (+1.68%). 

Conversely, heavy selling pressure was observed among the top losers, Yes Bank (YESBANK) dropped the sharpest in percentage terms, falling by 0.32 points (-1.85%) to an LTP of 16.98. 

IndusInd Bank (INDUSINDBK) also faced notable corrections, shedding 10.80 points (-1.20%) to reach an LTP of 892.20. 

Kotak Mahindra Bank (KOTAKBANK) lost value, decreasing by 3.75 points (-0.78%) to trade at an LTP of 476.75, while Axis Bank (AXISBANK) slid close behind, dropping by 10.30 points (-0.78%) to cross an LTP of 1,304.40. 

Read More: Gokaldas Exports Share Price Drops Over 10% After Q2FY27 Results! 

Conclusion 

On Monday, November 9, 2026, the NIFTY BANK Index traded with gains of 0.48% by midday, supported by broad-based buying. Strength in State Bank of India, Punjab National Bank and Canara Bank lifted the index higher even as a few constituents lagged the broader move. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.