Banking stocks opened on a weak note on May 18 2026 with broad-based selling pressure seen across public sector, private, and small finance banks. The sector witnessed widespread declines in the early morning trade as the overall market sentiment turned cautious.
The Nifty 50 was down 1.08% at 23,388.20, while the S&P BSE Sensex declined 1.09% to 74,416.24 as of around 9:33 AM.
Major Losers in Banking Sector
- DCB Bank was one of the top losers, falling 3.66% on BSE to ₹176.60 and 3.49% on NSE.
- Utkarsh Small Finance Bank dropped 3.32% on BSE to ₹13.09.
- CSB Bank declined 3.02–3.36%.
- RBL Bank fell 2.07–2.83%.
- SBI was down 1.92–2.03%.
Other significant decliners included Karur Vysya Bank (-2.12 to -2.53%), Bandhan Bank (-2.21 to -2.34%), J&K Bank, IDBI Bank, Ujjivan Small Finance Bank, City Union Bank, Indian Overseas Bank, Punjab & Sind Bank, Tamilnad Mercantile Bank, and Canara Bank.
Stocks like HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Bank of Baroda, and Union Bank also traded lower with losses ranging between 0.5% and 1.8%.
Only a few stocks, such as Bank of India, managed to stay marginally positive in the early session, while most others remained under pressure.
Note: All prices and percentage changes are based on data as of 9:33 AM on BSE and 9:34 AM on NSE on May 18 2026. Market prices are highly volatile and continue to change rapidly. This is for informational purposes only and does not constitute investment advice. For the latest live prices and updates, please check the official NSE and BSE websites.