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FinNifty Sees Gains in Axis Bank, SBI, While HDFC Bank and Bajaj Finance Slip on January 5, 2026

Written by: Nikitha DeviUpdated on: 5 Jan 2026, 4:03 pm IST
Nifty Financial Services (FinNifty) index shows mixed trading on Jan 5, 2026, with banks and insurance gaining while some NBFCs and BSE slip.
FinNifty
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The Nifty Financial Services (FinNifty) index showed mixed movements in early trading on Monday, January 5, 2026. As of 10:12 AM IST, the index recorded 9 advancing stocks and 11 declining stocks, with no unchanged counters. 

The index opened at 27,925.20, touched a high of 27,977.80, and a low of 27,840.35, while the last traded price stood at 27,932.05, up 32.90 points or 0.12% from its previous close of 27,899.15.

Banking Stocks Lead Gains

Banking stocks contributed significantly to the gains in the financial services segment. Axis Bank rallied by 1.46% to ₹1,285.40, driven by volumes of over 11 lakh shares traded. ICICI Bank also rose 1.14% to ₹1,370.90, while State Bank of India (SBI) gained 1.20%, reaching ₹1,010.95. 

Muthoot Finance added 1.29% to close at ₹3,870, reflecting positive investor sentiment in the lending segment. SBILife Insurance rose 1.16% to ₹2,091.30, highlighting resilience in the insurance sector. 

Decliners in Financial Services

Despite the overall positive tone, some major stocks witnessed losses. HDFC Bank declined 1.25% to ₹989.10, Bajaj Finance fell 0.65% to ₹984, and PFC slipped 0.65% to ₹373.50. SBICard was down 0.87% to ₹868.35, while BSE dropped 1.61% to ₹2,623.70.

Trading Volumes and Activity

The total traded volume for the index was robust, with HDFC Bank leading in shares traded at over 73 lakh. SBI followed with 25 lakh shares exchanged, indicating strong retail and institutional participation.

Gainers and Losers in Nifty Financial Services

SymbolLTP (₹)Change (%)
AXISBANK1,285.40+1.46
MUTHOOTFIN3,870.00+1.29
SBIN1,010.95+1.20
SBILIFE2,091.30+1.16
ICICIBANK1,370.90+1.14
HDFCBANK989.10-1.25
BAJFINANCE984.00-0.65
PFC373.50-0.65
SBICARD868.35-0.87
BSE2,623.70-1.61

Also Read: Gold ETFs with Low Tracking Error - January 2026!

Conclusion

The Nifty Financial Services index showed a mixed start to trading on January 5, 2026, with banks and insurance stocks driving modest gains while some NBFCs and BSE saw declines. Investors are closely watching sector-specific trends, trading volumes, and macroeconomic cues, making it crucial for participants to track market movements for timely investment decisions.

 

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

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

Published on: Jan 5, 2026, 10:31 AM IST

Nikitha Devi

Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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