Indian banking stocks opened on a broadly positive note on April 29, 2026, with most public and private sector banks trading in the green in early morning trade on both BSE and NSE. The broader market context shows the S&P BSE Sensex at 77,464.80 (up 0.75%) and Nifty 50 at 24,173.20 (up 0.74%), providing a supportive backdrop for banking counters.
Top Gainers in the Banking Sector Today
Bandhan Bank is the standout performer of the session so far, surging 10.49% on BSE to Rs 197.00 and 10.94% on NSE to Rs 198.20. This is a significant intraday move and the largest single-day gain among banking stocks listed here today.
IndusInd Bank is also seeing strong buying interest, up 2.79% on BSE at Rs 909.50 and 3.49% on NSE at Rs 913.70.
Other notable gainers include:
- RBL Bank: Up 1.73% on BSE (Rs 326.20) and 3.49% on NSE (Rs 331.95)
- J&K Bank: Up 2.49% on BSE (Rs 131.75) and 2.74% on NSE (Rs 132.04)
- Federal Bank: Up 1.72% on BSE (Rs 295.50) and 1.45% on NSE (Rs 294.80)
- Indian Overseas Bank: Up 1.17% on BSE (Rs 35.37) and 1.26% on NSE (Rs 35.41)
- Karnataka Bank: Up 1.23% on BSE (Rs 267.50) and 1.54% on NSE (Rs 267.70)
Stocks Trading in the Red
A few banking stocks are in negative territory in early trade:
- Axis Bank: Down 0.46% on BSE (Rs 1,283.45) and 0.54% on NSE (Rs 1,282.00)
- ICICI Bank: Down 0.38% on BSE (Rs 1,286.90) and 0.46% on NSE (Rs 1,286.10)
- Canara Bank: Down 0.26% on BSE (Rs 136.75) and 0.08% on NSE (Rs 136.99)
- City Union Bank: Down 0.40% on BSE (Rs 274.60) and 0.22% on NSE (Rs 275.05)
- Tamilnad Mercantile Bank: Down 0.58% on BSE (Rs 735.65) and 0.48% on NSE (Rs 735.00)
- Jana Small Finance Bank: Down 0.97% on BSE (Rs 486.90); not listed on NSE
- Karur Vysya Bank: Down 0.20% on BSE (Rs 292.75) and 0.34% on NSE (Rs 292.65)
Segment-Wise Overview
Large Private Banks
HDFC Bank (Rs 785.10, +0.36%), ICICI Bank (Rs 1,286.90, -0.38%), Axis Bank (Rs 1,283.45, -0.46%), Kotak Mahindra Bank (Rs 381.05, +0.86%), and IndusInd Bank (Rs 909.50, +2.79%) form the large private bank cluster. IndusInd Bank is the strongest performer here; ICICI and Axis are marginally lower.
Public Sector Banks (PSBs)
SBI leads PSBs at Rs 1,093.65 (+0.25%). Bank of Baroda, Bank of India, Bank of Maharashtra, Indian Bank, Canara Bank, PNB, Union Bank, UCO Bank, Punjab & Sind Bank, and others are mostly trading flat to slightly positive. Canara Bank is a mild exception, slipping 0.26% on BSE.
Small Finance Banks
Bandhan Bank’s outsized jump dominates the small finance bank space. Among others, AU Small Finance Bank (Rs 1,026.80, +0.44%), Equitas (Rs 66.63, +0.33%), Ujjivan (Rs 56.26, +0.32%), and Suryoday (Rs 150.95, +0.43%) are all marginally positive. Utkarsh Small Finance Bank gained 2.21% on BSE.
Disclaimer
The prices listed above are sourced from BSE and NSE feeds as of early morning trade on April 29, 2026. These are point-in-time snapshots and will change during market hours. This article is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before making investment decisions.