The Nifty Bank index, often known as Bank Nifty, is made up of the most liquid and well-capitalized Indian banking firms. It serves as a benchmark for investors, capturing the capital market performance of Indian bank stocks. The banking sector is represented by 12 companies in the index.
Jindal Steel and Power Limited is an Indian steel and energy company based in New Delhi. With turnover of approx. ₹40000 crore, JSPL is a part of about ₹130000 crore diversified OP Jindal Group conglomerate. JSPL is a leading player in steel, power, mining, oil and gas and infrastructure in India.