Bank Nifty Rises Above 56,400, Outpaces Sensex and Nifty as HDFC Bank Gains Over 2.5%
Last Updated: 18th September 2026 - 04:16 pm
Sensex And Nifty On September 18 As HDFC Bank Surges 2.5%
On September 18, Bank Nifty beat the broader markets by surpassing the level of 56,400 owing to an increase in HDFC Bank and a few other bank stocks.
Bank Nifty was seen trading higher by 0.65% at 56,426.55 at 2:15 pm. On the contrary, both the Sensex and Nifty were up 0.4%.
In banking stocks, the biggest riser was HDFC Bank which increased more than 2.5% for the day.
Also, Punjab National Bank and IndusInd Bank advanced by almost 0.6% each. Besides, Axis Bank and Kotak Mahindra Bank were some of the other stocks rising in the banking sector.
Due to better performance of stocks in the banking sector, Bank Nifty managed to outperform the benchmark indices in the afternoon.
Although Bank Nifty gained on the day, it remained within the same range which has seen movements on both sides of the levels recently. With the surge on September 18, Bank Nifty managed to break past 56,400 and HDFC Bank was seen as the main driving force behind the day’s rise.
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