NIFTY FINANCIAL SERVICES Index Drops Below 24,400 Mark in Intraday Trade on October 26, 2026

The NIFTY FINANCIAL SERVICES Index opened the October 26, 2026, session with a weak outlook at 24,374.15 and registered an intraday high of 24,502.55 soon after opening. The index later touched an intraday low of 24,162.30. 

NIFTY FINANCIAL SERVICES Index Performance on October 26, 2026 

The NIFTY FINANCIAL SERVICES index opened below its previous close at the 24,374.15 level and hit an intraday high of 24,502.55. 

As the session progressed, sustained selling pressure emerged, dragging the index down by over 240 points from its previous close to touch a low of 24,162.30. 

At 12:03 PM, the index was trading at 24,386.75, down by 16.25 points or 0.07% on October 26, 2026. 

Advance Decline Ratio of NIFTY FINANCIAL SERVICES Index on October 26, 2026 

The market breadth of NIFTY FINANCIAL SERVICES remained weak during the morning session on October 26, 2026, with 9 stocks advancing and 11 stocks declining. 

Heavy liquidation was observed across index heavyweights, leaving the vast majority of index constituents in the red. 

Top Gainers and Losers of NIFTY FINANCIAL SERVICES Index on October 26, 2026 

The market index recorded sharp downward movements across its constituents during the session as of 12:03 PM. 

Among the gainers, BSE (BSE) led the advance with a Last Traded Price (LTP) of 3,369.40, gaining 138.60 points (+4.29%). 

It was followed by Kotak Mahindra Bank (KOTAKBANK), which rose by 9.45 points (+2.20%) to an LTP of 439.95. 

Max Financial Services (MFSL) also traded firm at an LTP of 1,235.00 with a value increase of 23.70 points (+1.96%), while LIC Housing Finance (LICHSGFIN) rounded out the top gainers at an LTP of 497.40, adding 7.40 points (+1.51%). 

Conversely, heavy selling pressure was observed among the top losers, Shriram Finance (SHRIRAMFIN) dropped the sharpest in percentage terms, falling by 41.70 points (-4.82%) to an LTP of 823.30. 

HDFC Life Insurance Company (HDFCLIFE) also faced notable corrections, shedding 8.00 points (-1.53%) to reach an LTP of 515.75. 

Bajaj Finance (BAJFINANCE) lost value, decreasing by 10.40 points (-1.12%) to trade at an LTP of 918.55, while Cholamandalam Investment and Finance Company (CHOLAFIN) slid close behind, dropping by 16.10 points (-1.10%) to cross an LTP of 1,447.70. 

Read More: Adani Energy Solutions Share Price Falls Over 2% After Q2 FY27 Earnings Results: Total Income Up 51% YoY! 

Conclusion 

On Monday, October 26, 2026, the NIFTY FINANCIAL SERVICES Index traded with losses of 0.07% by midday, weighed down by widespread risk-off sentiment. Pressure in Shriram Finance, HDFC Life Insurance Company and Bajaj Finance dragged the index lower even as a few constituents showed relative resilience. 

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