Status: Automated market-move research draft
UNIONBANK • NSE • F&O Stock
UNION BANK OF INDIA traded at ₹174.48, -3.17% versus the previous close of ₹180.20. Latest market data: 28 Sep 2026 • 10:25 AM IST.
- The stock is -3.17% at ₹174.48.
- Likely reason: broad market weakness and ongoing sector consolidation
- Approximate traded value is ₹37.83 crore.
- It is -15.09% from its 52-week high and +29.96% from its 52-week low.
- The stock is being compared with Nifty Financial Services alongside the Nifty 50.
UNION BANK OF INDIA Share Price Today – Market Snapshot
Why Is UNION BANK OF INDIA Share Price Falling Today?
Union Bank of India shares fell 3.17% to close at ₹174.48 on the NSE, moving near the lower end of its intraday range of ₹174.02 to ₹178.52. Trading volume came in at 2.168 million shares, running well below its 5-day and 20-day volume averages, indicating subdued participation during the session.
The broader market faced downward pressure, with the benchmark Nifty index declining 1.3%. Public sector banking counters have experienced lingering consolidation over recent weeks, reflected in the stock's 20-day return of -7.79% as broader sentiment across PSU banking equities remains muted.
While no specific single corporate catalyst triggered today's decline, the price action aligns with ongoing sector-wide positioning adjustments. The bank recently issued trading window closure notices and updated regulatory filings, though these are routine compliance items rather than direct drivers of today's price movement.
low confidence
- Nifty index declined 1.3% during the session.
- Trading volume was below 5-day and 20-day averages.
- 20-day return stands at -7.79%, indicating persistent medium-term consolidation.
Performance Context
Cash-Market Activity
| Today’s Volume | 2,168,004 |
|---|---|
| 5-Day Avg. Volume | 4,873,599 |
| 20-Day Avg. Volume | 6,649,535 |
| Volume vs 20-Day Avg. | 0.33x |
| Delivery Quantity | 3,393,941 |
| Delivery % | 52.49% |
| Number of Trades | 27,211 |
Derivative-Market Activity
| Near-Month Futures | ₹179.71 |
|---|---|
| Cash Reference | ₹180.19 |
| Premium / Discount | ₹-0.48 (-0.27%) |
| Change in Premium | ₹-0.07 |
| Futures Volume | 6,105 |
| Volume vs Previous Session | 0.83x |
| Open Interest | 33,333,525 |
| OI vs Previous Session | 0.62x |
Ownership & Transaction Activity
Promoter Pledge / Encumbrance
Pursuant to the provision of the Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, we hereby inform that the Promoter of the Bank i.e the President of India held 5,70,66,60,850 ( 74.76%) Equity Shares of the Bank as on March 31 st, 202 6 and has not made any encumbrance of shares, directly or indirectly, during the financial year ended March 31st, 2026.
Source: NSE corporate filing
Recent Ownership / Shareholding Disclosure
- The President of India holds 5,70,66,60,850 equity shares, representing 74.76% of total equity.
- No shares were encumbered, pledged, or hypothecated directly or indirectly during the fiscal year.
Source: NSE corporate disclosure. Only factual ownership/shareholding details extracted from the filing are shown.
Recent Brokerage Views
Brokerage views are third-party opinions and are not WittyTrades recommendations.
WittyTrades Data Insight
Price Position: The stock is near the lower end of the day’s trading range.
Move From Open: -2.14%.
Intraday Range: 2.50% of the previous close.
5-Day Performance: -2.34%; 20-Day Performance: -7.79%.
Latest Company Developments
Relative Performance
| UNION BANK OF INDIA | -3.17% |
|---|---|
| Nifty 50 | -1.30% |
| Nifty Financial Services | N/A |
| Vs Nifty 50 | -1.87% |
| Vs Sector | N/A |
Technical Context
| Price | ₹174.48 |
|---|---|
| Day High / Low | ₹178.52 / ₹174.02 |
| 52-Week High | ₹205.49 |
| 52-Week Low | ₹134.26 |
| 5-Day Return | -2.34% |
| 20-Day Return | -7.79% |
What Should Traders and Investors Watch Next?
- Upcoming financial results schedule following the trading window closure starting October 1, 2026
- Delivery percentage trends against the 52.49% recorded in the latest session
- Open interest shifts and futures roll-over trends near contract expiry
- Performance of the Nifty PSU Bank index for directional cues
Catalyst note: No direct company-specific catalyst was identified; the move reflects broader market pressures and low-volume technical drift.
Frequently Asked Questions
What is the likely reason for today’s move?
The stock's decline mirrors broader market weakness alongside subdued trading volumes, with no immediate company-specific catalyst driving today's downward drift.
Is trading volume elevated?
Today’s volume is 2,168,004. The latest 20-day average available is 6,649,535, equivalent to about 0.33x of the recent average.
What does the derivatives market show?
The latest official NSE F&O report is summarised in the Derivative-Market Activity box above.
Before acting on this stock
Consult your own investment adviser before acting on any security. If you are interested in stock research or other available research categories, review the WittyTrades subscription plans and research segments.
Market data, exchange filings, company disclosures and reputable business-media reports are collected automatically and summarised for investor context. Material facts are cross-checked where possible; price data may be delayed and a cited development should not be assumed to be the sole cause of a market move unless the evidence supports that conclusion.
Article by: WittyTrades Research Desk
Investments in securities markets are subject to market risks. Read all related documents carefully before investing.
Registration granted by SEBI, membership of a supervisory body and certification from NISM do not guarantee performance of the intermediary or provide any assurance of returns to investors.
This article is intended for informational and educational purposes and should not be treated as personalised investment advice or a recommendation to buy, sell or hold any security.
Market data may be delayed and readers should independently verify current prices and disclosures before taking investment decisions.
