Nifty Bank

The Nifty Bank Index comprises the most liquid and large Indian banking stocks listed on NSE, providing a benchmark for the capital market performance of Indian banks (maximum 14 companies). It is commonly used as a benchmark to track overall market performance and economic trends.

The current value of Nifty Bank is 54,450.75.

The 1 year return of Nifty Bank is -1.62%.

The 3 year return of Nifty Bank is 22.13%.

The 5 year return of Nifty Bank is 46.27%.

The 10 year return of Nifty Bank is 177.97%.

Over the past 52 weeks, Nifty Bank has traded between a low of ₹49,954.85 and a high of ₹61,764.85. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

The Nifty Bank index represents the collective performance of its constituent companies. It reflects market sentiment and price movements within the segment or sector the index is designed to track.

The Nifty Bank index is calculated using a Periodic Capped Free Float (computed using free float market capitalization method). methodology, where constituent companies are weighted based on their market value and free-float shares available for public trading.

The Nifty Bank index consists of 14 companies selected based on predefined eligibility criteria. The composition of the index may change over time due to periodic reviews and rebalancing.

The current value of the Nifty Bank index is 54,450.75. Index values fluctuate throughout the trading session based on price movements of the underlying constituent stocks.

The historical performance of the Nifty Bank index can be reviewed using the performance charts and data available on this page. Historical returns help in understanding long-term trends and volatility.

The Nifty Bank index is rebalanced Semi-Annually. Rebalancing ensures that the index continues to reflect its stated objective and remains aligned with market conditions.

Movements in the Nifty Bank index are influenced by price changes in constituent stocks, corporate earnings, macroeconomic indicators, interest rates, global market trends, and overall investor sentiment.