#NIFTYBANK INDICES WEIGHTAGE
BEGINNERS SEE IF YOU WANT A OPTION TRADERS PLEASE READ CAREFULLY IMPORTANT POINT IN NIFTY BANK🌟
1) ▶️WHAT IS NIFTY BANK-
The Bank NIFTY is an index comprising 12 banking company stocks. These stocks are traded on the National Stock Exchange (NSE).
The Bank NIFTY index contains stocks of companies from the banking sector only.
As the Bank NIFTY includes only banking sector stocks, it is considered the most liquid and highly capitalised.
The stocks which are listed in the Bank NIFTY belong to private and public sector banks.
The Bank NIFTY was formed in 2003, and since then, investors, both retail and institutional, have been employing it as a useful benchmark for banking stock investment.
2)▶️ STOCKS IN BANKNIFTY-
The stocks of the 12 banking companies listed in this index constitute well-known names in the banking and finance sector. Here are the top stocks listed in the Bank NIFTY index by their weightage:
HDFC Bank Ltd. - 28.86
ICICI Bank Ltd. - 24.42
Kotak Mahindra Bank Ltd. - 10.27
Axis Bank Ltd. - 9.79
State Bank of India - 9.39
IndusInd Bank Ltd. - 5.94
Bank of Baroda - 2.50
AU Small Finance Bank Ltd. - 2.41
Federal Bank Ltd. - 2.31
Bandhan Bank Ltd. - 1.48
PLEASE READ ALL THE ANYLYSIS AND MAKE A STRONG STRATEGY OR MAKE STRONG PSYCHOLOGY BEFORE TRADE IN BANKNIFTY
