Why Bandhan Bank Shares Fell 4.39% Today: Heavy Volume Selloff | 5 October 2026

Bandhan Bank Limited shares tumbled significantly today, shedding 4.39% to trade at ₹168.27 by afternoon. The stock opened slightly positive at ₹176.40 but quickly faced persistent selling pressure, pushing it down to an intraday low of ₹168.05, which mirrored its previous close high before aggressive liquidation set in. Trading volumes surged notably, with total volume standing about 47% above its 5-day average and 25% higher than the 20-day average, signaling heightened participation during the decline.

The broader market provided a contrasting backdrop as the Nifty advanced 0.6% on the day. However, Bandhan Bank diverged sharply from the positive broader market momentum, extending its near-term correction following a sharp 10.35% slump over the past five trading sessions. The heavy delivery percentage of 35.31% out of a total traded volume of over 1.79 crore shares indicates that positional participants and delivery-based sellers actively reduced exposure rather than purely speculative day-traders.

Company disclosures show that Bandhan Bank recently submitted its unliquidated financial figures for the quarter ended September 30, 2026, to stock exchanges on October 3, 2026, though specific operational metrics are still being absorbed by market participants. Additionally, earlier in September, exchanges sought clarification on media reports regarding the launch of four new credit cards, which had temporarily sparked mild optimism before sentiment pivoted back toward broader sector pressures and profit-booking.