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Nifty Bank Index Slips Below 57,100 Mark in Intraday Trade on September 7, 2026

Written by: Team Angel OneUpdated on: 7 Sept 2026, 7:05 pm IST
NSE Nifty Bank Index dipped below the 57,100 mark during afternoon trade. The index is trading in the red amid negative market breadth, with banking losers outnumbering gainers.
Nifty Bank Index Slips Below
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The NSE Nifty Bank Index opened the September 7, 2026, session with a negative bias and registered an intraday high of 57,426.85 soon after opening. The index later touched an intraday low of 57,002.95. 

Nifty Bank Performance on September 7, 2026 

The Nifty Bank opened below its previous close of 57,369.65 at the 57,343.30 level and registered an intraday high of 57,426.85.  

As the session progressed, continuous selling pressure emerged, dragging the banking index down by over 360 points from its session high to touch an intraday low of 57,002.95.  

At 12:57 PM, the index was trading at 57,025.25, down by 344.40 points or 0.60% on September 7, 2026. 

Advance Decline Ratio of Nifty Bank 

The advance decline ratio of Nifty Bank remained heavily skewed toward the sellers during the afternoon session on September 7, 2026, as only 1 constituent of the index managed to trade in the green, while a significant majority of 13 stocks were trading in the red, leaving 0 stocks unchanged. 

Top Gainers and Losers of Nifty Bank on September 7, 2026 

The banking index recorded widespread losses across its major constituents during the session. ICICI Bank (ICICIBANK) was the lone gainer, maintaining a slight positive bias while trading at a Last Traded Price (LTP) of 1,427.00 with a value increase of 3.80 points (+0.27%). 

Conversely, uniform selling pressure was observed across all other index components. Union Bank of India (UNIONBANK) dropped the sharpest in percentage terms, falling by 3.79 points (-2.02%) to an LTP of 183.43.  

State Bank of India (SBIN) also faced notable corrections, shedding 13.60 points (-1.34%) to reach an LTP of 1,002.50.  

Public sector lender Bank of Baroda (BANKBARODA) lost absolute value, decreasing by 3.08 points (-1.29%) to trade at an LTP of 235.92, while Canara Bank (CANBK) slid by 1.36 points (-1.08%) to cross an LTP of 124.14.  

Heavyweight HDFC Bank (HDFCBANK) also drifted lower, shedding 1.55 points (-0.22%) to hit an LTP of 710.55. 

Read More: SPML Infra Share Price Surges Over 5% After Its Proprietary 104.4 kWh BESS Battery Pack Clears Global Testing! 

Conclusion 

On Monday, September 7, 2026, the NSE Nifty Bank traded with notable losses of 0.60% by afternoon. Despite minor holding attempts above the psychological mark of 57,000, the market sentiment remained weak, heavily weighted down by top public and private sector banking constituents like State Bank of India, Union Bank, and Bank of Baroda. 

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.

Published on: Sep 7, 2026, 1:35 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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