IndusInd, ICICI, HDFC Bank Shares Slip as Bank Nifty Stumbles Below 59,000

Market Performance Today: December 29, 2025

Bank stocks came under pressure on Monday, with key players including IndusInd Bank, ICICI Bank, and HDFC Bank leading the decline. The Nifty Bank index extended its losing streak, slipping for the fourth consecutive session.

By 12:25 pm, the Nifty Bank index was down 0.32 percent, trading at 58,823.40. Market participants observed broad weakness among private banks, while some public sector lenders showed minor gains.

Top Movers on the Nifty Bank Index

The day’s trading reflected selective weakness, with losses concentrated in private banks:

• IndusInd Bank: The biggest laggard, down 1.5% at Rs 836.80 per share.
• AU Small Finance Bank: Followed with a nearly 1% decline.
• ICICI Bank, HDFC Bank, IDFC First Bank: All slipped around 0.5%.
• Kotak Mahindra Bank, SBI, Federal Bank, Axis Bank: Recorded minor losses, remaining in the red but with muted impact.

On the brighter side, some public sector banks bucked the trend:

• Punjab National Bank (PNB), Canara Bank, Bank of Baroda: These stocks managed marginal gains, offering a small counterbalance to the overall decline.

Company-Specific Highlights

IndusInd Bank

• Top decliner on the Nifty Bank index.
• Fell 1.5% to Rs 836.80.

AU Small Finance Bank

• Recorded a drop of nearly 1%.

ICICI Bank, HDFC Bank, IDFC First Bank

• Each stock declined around 0.5%, reflecting broad-based weakness in the private banking segment.

Public Sector Banks

• PNB, Canara Bank, and Bank of Baroda managed modest gains despite overall sector weakness.

Market Snapshot

The trading session highlighted selective pressure on private banks while some PSU lenders remained resilient. Investors watched these movements closely as Nifty Bank edged lower, continuing a series of declines over four sessions.

Summary:

Monday’s session saw IndusInd, ICICI, and HDFC Bank shares falling, contributing to the Nifty Bank index dropping below 59,000. Private banks bore the brunt, while PSU lenders such as PNB, Canara Bank, and Bank of Baroda posted minor gains. Overall, the sector showed a mixed pattern, reflecting a cautious market mood ahead of year-end.

Source: Moneycontrol