Pivot Levels
| Type | Classic | Fibonacci |
|---|---|---|
| R1 | 57,733.67 | 57,677.32 |
| R2 | 58,057.73 | 57,822.59 |
| R3 | 58,349.22 | 58,057.73 |
| PP | 57,442.18 | 57,442.18 |
| S1 | 57,733.67 | 57,677.32 |
| S2 | 56,826.63 | 57,061.77 |
| S3 | 56,502.57 | 56,826.63 |
Index Constituent
| Stock Name | Volume | Open | High | Low | Pre. Close |
|---|---|---|---|---|---|
 Kotak Mahindra Bank Ltd 427.5 8.1(1.93%) | 36.70L | 420.8 | 429.1 | 420.75 | 419.4 |
 Punjab National Bank 116.32 2.09(1.83%) | 50.57L | 114.49 | 116.5 | 114.07 | 114.23 |
 Bank of Baroda 239.7 1.1(0.46%) | 38.44L | 238 | 240.2 | 236.68 | 238.6 |
 HDFC Bank Ltd 711.65 2.65(0.37%) | 2.70Cr | 705.05 | 715.45 | 698.5 | 709 |
 AU Small Finance Bank Ltd 1085.9 -0.3(-0.03%) | 2.24L | 1083.8 | 1088.8 | 1077.7 | 1086.2 |
 Canara Bank 126.78 -0.12(-0.09%) | 32.09L | 126.88 | 127.07 | 125.9 | 126.9 |
 ICICI Bank Ltd 1440 -14(-0.96%) | 33.28L | 1442.9 | 1446.7 | 1435.6 | 1454 |
 IDFC First Bank Ltd 85.07 -0.9(-1.05%) | 65.24L | 85.2 | 85.2 | 84.18 | 85.97 |
 Union Bank of India 185.7 -2.93(-1.55%) | 29.62L | 185 | 186.32 | 183.78 | 188.63 |
 State Bank of India 1041.7 -18.3(-1.73%) | 30.82L | 1051.3 | 1051.3 | 1039.7 | 1060 |
 Federal Bank Ltd 350.45 -6.25(-1.75%) | 18.17L | 350 | 351.75 | 348.3 | 356.7 |
 IndusInd Bank Ltd 998.1 -18.5(-1.82%) | 4.51L | 1004 | 1004 | 994 | 1016.6 |
 Axis Bank Ltd 1269.6 -30.4(-2.34%) | 28.30L | 1274.9 | 1275.1 | 1264 | 1300 |
 Yes Bank Ltd 22.14 -0.69(-3.02%) | 3.45Cr | 22.51 | 22.52 | 22.04 | 22.83 |
Nifty Bank Index Contributors
FAQs
The banking industry is the backbone of all large and developing economies. Stocks in this sector contribute heavily to the overall volume and trading frequency of the Indian stock markets. The Nifty Bank Index is a sectoral index comprising stocks from the banking sector listed on the National Stock Exchange (NSE) of India. It tracks the performance of major public and private sector banks, including both large and mid-sized institutions. Investing in the Nifty Bank Index allows investors to gain exposure to the banking sector, which plays a crucial role in India's economy through lending, financial regulation, and economic growth facilitation. This index serves as a benchmark for monitoring the overall performance of banking stocks in the Indian equity market.