The banking sector in the Indian stock market showed mixed performance on March 16, 2026, during early trading hours. The S&P BSE BANKEX Index stood at approximately 60,792.4, up 0.5% from the previous close (based on available updates around 09:49 AM IST for BSE prices).
Benchmark indices were positive in early trade:
- S&P BSE SENSEX at 74,817.35, up 0.34%.
- NIFTY 50 at 23,226.50, up 0.33%.
The banking sector has faced pressure recently, with the S&P BSE BANKEX down 10.7% over the last 30 days but up 10.1% over the past year.
Key Banking Stocks Performance (as of March 16, 2026, early morning data)
Here are the listed prices and percentage changes (BSE and NSE where available):
- AU Small Finance Bank: BSE 898.55 (+1.62%), NSE 897.70 (+1.51%)
- Axis Bank: BSE 1,197.05 (-0.02%), NSE 1,193.00 (-0.36%)
- Bandhan Bank: BSE 174.80 (-0.46%), NSE 174.49 (-0.58%)
- Bank of Baroda: BSE 281.00 (-0.04%), NSE 280.55 (-0.18%)
- Bank of India: BSE 151.20 (+0.77%), NSE 151.50 (+0.87%)
- Bank of Maharashtra: BSE 63.84 (-0.39%), NSE 63.64 (-0.70%)
- Canara Bank: BSE 134.85 (+0.04%), NSE 134.70 (+0.01%)
- Central Bank: BSE 35.25 (-0.73%), NSE 35.33 (-0.48%)
- City Union Bank: BSE 234.75 (+1.32%), NSE 234.55 (+1.32%)
- CSB Bank: BSE 342.35 (+3.10%), NSE 344.30 (+3.61%)
- DCB Bank: BSE 171.60 (+1.36%), NSE 171.46 (+1.24%)
- Equitas Small Finance Bank: BSE 56.03 (-0.66%), NSE 55.97 (-0.76%)
- Federal Bank: BSE 264.80 (+0.65%), NSE 264.75 (+0.65%)
- HDFC Bank: BSE 823.60 (+0.81%), NSE 823.60 (+0.81%)
- ICICI Bank: BSE 1,253.20 (-0.09%), NSE 1,252.30 (-0.20%)
- IDBI Bank: BSE 79.40 (-13.88%), NSE 79.67 (-13.57%)
- IDFC First Bank: BSE 62.89 (+0.51%), NSE 62.78 (+0.34%)
- Indian Bank: BSE 871.35 (+0.08%), NSE 871.55 (+0.14%)
- Indian Overseas Bank: BSE 32.33 (-0.95%), NSE 32.31 (-0.92%)
- IndusInd Bank: BSE 828.65 (+1.74%), NSE 828.35 (+1.71%)
- J&K Bank: BSE 122.40 (+0.95%), NSE 122.50 (+1.40%)
- Jana Small Finance Bank Ltd.: BSE 351.95 (-0.27%), NSE Not Listed
- Karnataka Bank: BSE 221.95 (-0.85%), NSE 222.12 (-0.67%)
- Karur Vysya Bank: BSE 284.75 (+1.05%), NSE 285.15 (+1.08%)
- Kotak Mahindra Bank: BSE 368.55 (+0.52%), NSE 368.90 (+0.56%)
- PNB: BSE 111.80 (+0.09%), NSE 111.59 (-0.10%)
- Punjab & Sind Bank: BSE 23.47 (-0.42%), NSE 23.45 (-0.64%)
- RBL Bank: BSE 295.70 (+0.31%), NSE 295.70 (+0.32%)
- SBI: BSE 1,061.10 (+1.37%), NSE 1,058.50 (+1.10%)
- South Indian Bank: BSE 38.04 (+0.08%), NSE 37.84 (-0.45%)
- Tamilnad Mercantile Bank: BSE 609.05 (+2.19%), NSE 607.85 (+1.21%)
- UCO Bank: BSE 25.23 (-0.47%), NSE 25.20 (-0.47%)
- Ujjivan Small Finance Bank: BSE 51.00 (+0.67%), NSE 51.00 (+0.63%)
- Union Bank: BSE 176.05 (+1.24%), NSE 175.74 (+1.07%)
- Utkarsh Small Finance Bank: BSE 12.08 (-1.47%), NSE 12.10 (-1.47%)
- Yes Bank: BSE 18.70 (-0.58%), NSE 18.73 (-0.37%)
Top Gainers and Losers in Banking Sector
- Top gainers: CSB Bank (up 3.1%), Tamilnad Mercantile Bank (up 2.2%), IndusInd Bank (up around 1.7%), SBI (up around 1.1-1.4%).
- Top loser: IDBI Bank (down 13.9%), primarily due to reports that the government has likely shelved or cancelled the planned stake sale/privatisation process, as bids fell below the reserve price.
Note: Prices reflect early trading data (BSE around 09:49 AM IST, NSE around 09:55 AM IST) and are subject to change during the session. Market movements can be influenced by global cues, crude oil prices, geopolitical factors, and sector-specific news like regulatory or disinvestment updates. For real-time updates, refer to official exchanges (NSE/BSE).
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