Mixed cues from Q1 FY26 bank earnings weighed on sentiment, pulling the Nifty Bank down 0.83% this week. Axis Bank’s net profit fell 4% YoY to ₹5,806 crore due to technical provisions, while Bandhan Bank’s profit dropped 65% amid microfinance stress. ICICI and HDFC Bank reported profit growth of 15.5% and 12.2%, respectively, despite higher provisions.