Banking sector stocks today, July 3: Union Bank falls 6.94%, Bank of Baroda down 2.08%, ICICI Bank up 1.24%

Banking sector stocks displayed mixed trading activity on July 3, 2026 during the morning session. As of 9:35 AM BSE and 9:40 AM NSE, several public sector and private banks recorded both gains and losses.

Market Snapshot

The broader market opened positively with the S&P BSE Sensex at 78,050.90, up 0.71%, and the Nifty 50 at 24,359.50, up 0.76%. Within the banking space, individual stock movements varied significantly.

Major Price Movements

Tamilnad Mercantile Bank led gains with a 3.70% rise on BSE to ₹773.30 and 4.39% on NSE to ₹778.85. ICICI Bank advanced 1.24% on BSE (₹1,417.20) and 1.18% on NSE (₹1,416.50). Other notable gainers included AU Small Finance Bank (+0.87% BSE / +1.00% NSE), HDFC Bank (+0.80% / +0.87%), RBL Bank (+0.89% / +0.55%), and Federal Bank (+0.56% / +0.76%).

On the downside, Union Bank declined sharply by 6.94% on BSE (₹162.30) and 7.14% on NSE (₹161.91). Ujjivan Small Finance Bank fell 2.22% / 2.61%, Bank of Baroda dropped 2.08% / 2.57%, Punjab National Bank declined 2.15% / 2.26%, and Suryoday Small Finance Bank was down 1.66% / 1.74%.

Other Notable Banks

• Axis Bank: Marginal gains of 0.27% BSE (₹1,367.50) and 0.34% NSE.
• Kotak Mahindra Bank: Minor movement at +0.08% / +0.11%.
• State Bank of India (SBI): Down 0.29% BSE (₹1,048.75) and 0.48% NSE.
• IndusInd Bank: Slight increase of 0.14% / 0.47%.
• Bank, Bank of India, Canara Bankand Indian Bank traded in negative territory with declines ranging from 0.93% to 1.56%.

Small finance banks showed varied results. While AU Small Finance Bank and Tamilnad Mercantile Bank gained, Ujjivan Small Finance Bank, Suryoday Small Finance Bankand Equitas Small Finance Bank recorded losses.

Mid-sized and other banks like IDFC First Bank, Yes Bank, Central Bankand Punjab & Sind Bank saw relatively smaller percentage changes.