Pivot Levels
| Type | Classic | Fibonacci |
|---|---|---|
| R1 | 57,629.13 | 57,635.95 |
| R2 | 58,059.47 | 57,797.68 |
| R3 | 58,314.43 | 58,059.47 |
| PP | 57,374.17 | 57,374.17 |
| S1 | 57,629.13 | 57,635.95 |
| S2 | 56,688.87 | 56,950.65 |
| S3 | 56,258.53 | 56,688.87 |
Index Constituent
| Stock Name | Volume | Open | High | Low | Pre. Close |
|---|---|---|---|---|---|
 Federal Bank Ltd 320.6 3.5(1.1%) | 89.18L | 317.55 | 321.1 | 316.5 | 317.1 |
 HDFC Bank Ltd 784.9 7.55(0.97%) | 2.78Cr | 780.5 | 787.7 | 779.45 | 777.35 |
 Kotak Mahindra Bank Ltd 407.85 2.1(0.52%) | 90.79L | 405.75 | 408.55 | 404.5 | 405.75 |
 ICICI Bank Ltd 1334.3 6.7(0.5%) | 1.31Cr | 1331.9 | 1337.3 | 1326.3 | 1327.6 |
 Canara Bank 132.83 0.63(0.48%) | 1.95Cr | 132.36 | 133.49 | 131.64 | 132.2 |
 Yes Bank Ltd 23.89 0.11(0.46%) | 21.93Cr | 23.76 | 24.49 | 23.45 | 23.78 |
 Punjab National Bank 107.97 0.01(0.01%) | 1.19Cr | 108.09 | 108.69 | 106.9 | 107.96 |
 Axis Bank Ltd 1365.7 -2.6(-0.19%) | 77.08L | 1363.5 | 1371.5 | 1349.2 | 1368.3 |
 Bank of Baroda 275.35 -0.7(-0.25%) | 99.28L | 278.1 | 278.1 | 273.1 | 276.05 |
 Union Bank of India 170.56 -0.74(-0.43%) | 86.04L | 172.45 | 172.95 | 168.54 | 171.3 |
 State Bank of India 1015.3 -5.55(-0.54%) | 96.90L | 1023.8 | 1026.55 | 1007.4 | 1020.85 |
 IndusInd Bank Ltd 926 -7.2(-0.77%) | 16.02L | 933 | 936.05 | 922 | 933.2 |
 AU Small Finance Bank Ltd 1023.1 -10.5(-1.02%) | 11.68L | 1039 | 1039 | 1010 | 1033.6 |
 IDFC First Bank Ltd 77.5 -0.83(-1.06%) | 2.71Cr | 78.59 | 78.75 | 77.35 | 78.33 |
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.