BANK NIFTY Chart
About BANK NIFTY
The BANK NIFTY is a benchmark index that represents the 12 most liquid and large capitalized stocks from the banking sector trading on the National Stock Exchange (NSE). It provides investors and market participants with a benchmark that captures the capital market performance of Indian bank stocks.
Key Features
- Comprises the 12 largest banking stocks in India
- Higher volatility compared to NIFTY 50
- Popular among traders due to its liquidity and movement
- Used for various derivative products
Major Constituents
- HDFC Bank
- ICICI Bank
- State Bank of India
- Kotak Mahindra Bank
- Axis Bank