What is Bank Nifty? & How is it calculated?
Nifty Trading Academy - Stock Market
by Prashant Raut
5y ago
What is Bank Nifty ?: Nifty Bank Index is comprised of the most liquid and large capitalised Indian Banking Stocks which trade on the National Stock Exchange (NSE). Performance of all these twelve stocks provides investors and market intermediaries with a benchmark that captures the capital market performance of the Indian banking sector. Bank nifty Index was launched on September 15,2003. The Bank Nifty Index has 12 stocks from the banking sector. The Movement in these stocks. Bank Nifty Index moves according to movements of major banking stocks. The Bank Nifty Index composition do not remain ..read more
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