The banking sector stocks in India experienced a sharp decline on March 4, 2026, in early trading hours, aligning with broader market weakness. Data from around 9:35 AM to 9:39 AM IST showed most banking scrips posting negative returns on both BSE and NSE.

Key Performance Highlights (as of March 4, 2026, early session)

  • S&P BSE BANKEX Index: At 65,976.9, down 2.0%.
  • Benchmark Indices: S&P BSE SENSEX at 78,483.68 (down 2.19%), NIFTY 50 at 24,346.85 (down 2.09%).
  • Sector Overview: The BANKEX had gained 19.1% over the past year but was down 1.1% over the last 30 days. In the session, Karur Vysya Bank was the top gainer (up 0.63%), while several others, including Bank of Maharashtra (down 4.4%), led losses.

Banking Stocks Price and Percentage Changes

Here are the listed banking stocks with their early session performance:

  • AU Small Finance Bank: BSE ₹948.10 (-0.35%), NSE ₹946.80 (-0.47%)
  • Axis Bank: BSE ₹1,336.70 (-2.65%), NSE ₹1,338.80 (-2.44%)
  • Bandhan Bank: BSE ₹175.00 (-1.46%), NSE ₹175.54 (-1.19%)
  • Bank of Baroda: BSE ₹305.25 (-3.17%), NSE ₹305.50 (-3.08%)
  • Bank of India: BSE ₹165.05 (-4.21%), NSE ₹164.40 (-4.59%)
  • Bank of Maharashtra: BSE ₹68.81 (-4.40%), NSE ₹68.82 (-4.39%)
  • Canara Bank: BSE ₹148.35 (-3.39%), NSE ₹148.31 (-3.42%)
  • Central Bank: BSE ₹37.50 (-3.33%), NSE ₹37.52 (-3.15%)
  • City Union Bank: BSE ₹268.35 (-3.19%), NSE ₹267.65 (-3.50%)
  • CSB Bank: BSE ₹369.20 (-3.41%), NSE ₹368.15 (-3.47%)
  • DCB Bank: BSE ₹173.80 (-4.06%), NSE ₹174.26 (-3.90%)
  • Equitas Small Finance Bank: BSE ₹60.11 (-2.39%), NSE ₹59.89 (-2.90%)
  • Federal Bank: BSE ₹289.50 (-1.81%), NSE ₹288.85 (-2.07%)
  • Fino Payments Bank: BSE ₹189.40 (-1.43%), NSE ₹190.10 (-0.46%)
  • HDFC Bank: BSE ₹868.40 (-1.51%), NSE ₹868.30 (-1.26%)
  • ICICI Bank: BSE ₹1,344.55 (-2.16%), NSE ₹1,345.20 (-2.10%)
  • IDBI Bank: BSE ₹111.05 (-3.31%), NSE ₹110.92 (-3.37%)
  • IDFC First Bank: BSE ₹70.32 (-2.05%), NSE ₹70.52 (-1.76%)
  • Indian Bank: BSE ₹947.45 (-2.89%), NSE ₹944.60 (-3.28%)
  • Indian Overseas Bank: BSE ₹34.35 (-2.47%), NSE ₹34.45 (-2.13%)
  • IndusInd Bank: BSE ₹925.90 (-1.73%), NSE ₹925.05 (-1.85%)
  • J&K Bank: BSE ₹116.75 (-2.71%), NSE ₹116.21 (-3.10%)
  • Jana Small Finance Bank Ltd.: BSE ₹364.80 (-1.34%), NSE Not Listed
  • Karnataka Bank: BSE ₹199.15 (-1.92%), NSE ₹198.75 (-2.11%)
  • Karur Vysya Bank: BSE ₹317.00 (+0.63%), NSE ₹317.25 (+0.62%)
  • Kotak Mahindra Bank: BSE ₹406.55 (-1.56%), NSE ₹407.20 (-1.43%)
  • PNB: BSE ₹122.95 (-2.50%), NSE ₹123.05 (-2.38%)
  • Punjab & Sind Bank: BSE ₹24.97 (-3.10%), NSE ₹24.97 (-3.10%)
  • RBL Bank: BSE ₹308.00 (-1.61%), NSE ₹306.90 (-2.00%)
  • SBI: BSE ₹1,167.20 (-1.87%), NSE ₹1,165.60 (-2.04%)
  • South Ind. Bank: BSE ₹39.73 (-2.14%), NSE ₹39.67 (-2.29%)
  • Tamilnad Mercantile Bank: BSE ₹660.20 (-1.78%), NSE ₹666.40 (-0.86%)
  • UCO Bank: BSE ₹27.81 (-2.56%), NSE ₹27.80 (-2.76%)
  • Ujjivan Small Finance Bank: BSE ₹55.05 (-3.89%), NSE ₹55.01 (-3.96%)
  • Union Bank: BSE ₹192.95 (-2.55%), NSE ₹192.99 (-2.59%)
  • Utkarsh Small Finance Bank: BSE ₹12.99 (-1.81%), NSE ₹13.00 (-1.52%)
  • Yes Bank: BSE ₹19.94 (-1.19%), NSE ₹19.98 (-0.99%)

Broader Market Context

The decline in banking stocks occurred amid a general market downturn, with the Sensex and Nifty both falling over 2%. Recent sessions (including March 2, 2026) saw pressure from geopolitical tensions in the Middle East (involving US-Iran-Israel), leading to higher crude oil prices and global risk aversion.

Note: Prices reflect early trading data (around 9:35-9:39 AM IST on March 4, 2026). Intraday movements can change based on ongoing developments. This summary uses provided session data without speculation on future performance.

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TOPICS: Banking sector