Indian banking stocks showed a mixed performance on May 12 2026 in the morning trade. While some public sector and small finance banks gained, several private banks traded lower. The Nifty 50 was down 0.62% at 23,668.25 and the S&P BSE Sensex declined 0.77% to 75,426.18 as of around 10:30 AM.
Top Gainers in Banking Sector
- Jana Small Finance Bank Ltd. rose 2.67% to ₹467.50 on BSE.
- Canara Bank gained 2.03–2.13%, trading at ₹132.10 on BSE.
- Equitas Small Finance Bank advanced 1.32–1.56%.
- Bandhan Bank was up 0.94–0.95%.
- SBI rose 0.61–0.72%.
- Yes Bank gained 0.62%.
Other stocks showing gains included Union Bank, Bank of Maharashtra, Indian Bank, Bank of Baroda, and Utkarsh Small Finance Bank.
Major Losers in Banking Sector
- Karur Vysya Bank declined the most, falling 3.40–3.41%.
- Suryoday Small Finance Bank dropped 2.91–3.10%.
- CSB Bank was down 1.43–1.66%.
- J&K Bank fell 1.61–1.71%.
- IDBI Bank declined 1.49–1.62%.
- IndusInd Bank slipped 1.49–1.59%.
ICICI Bank, HDFC Bank, Kotak Mahindra Bank, Federal Bank, City Union Bank, and Tamilnad Mercantile Bank also traded in the red with losses ranging from 0.5% to 1.8%.
Stocks like Axis Bank, PNB, and RBL Bank saw limited movement.
Note: All prices and percentage changes are based on data as of 10:18 AM on BSE and 10:19 AM on NSE on May 12 2026. Market prices change rapidly. This is for informational purposes only and does not constitute investment advice. For the latest live prices, please check the official NSE and BSE websites.