Bank Nifty (also known as the Nifty Bank Index) is a stock market index that represents the performance of the 12 most liquid and large-cap banking stocks listed on the National Stock Exchange (NSE) of India. It is a part of the broader Nifty 50 index, which includes 50 of the largest and most actively traded stocks on the NSE.
Key Details about Bank Nifty: Constituent Stocks: The Bank Nifty index consists of the top 12 banking stocks, which include major private and public sector banks in India. Some of the prominent banks in the index are:
State Bank of India (SBI) HDFC Bank ICICI Bank Axis Bank Kotak Mahindra Bank IndusInd Bank Bank of Baroda Yes Bank Federal Bank Bandhan Bank, etc.
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