Pivot Levels
| Type | Classic | Fibonacci |
|---|---|---|
| R1 | 55,274.68 | 55,194.62 |
| R2 | 55,420.97 | 55,281.06 |
| R3 | 55,640.93 | 55,420.97 |
| PP | 55,054.72 | 55,054.72 |
| S1 | 55,274.68 | 55,194.62 |
| S2 | 54,688.47 | 54,828.37 |
| S3 | 54,542.18 | 54,688.47 |
Index Constituent
| Stock Name | Volume | Open | High | Low | Pre. Close |
|---|---|---|---|---|---|
 Union Bank of India 172.99 4.55(2.7%) | 1.82L | 167.67 | 174.9 | 165.44 | 168.44 |
 Punjab National Bank 114.5 2.58(2.31%) | 2.10L | 111.6 | 115.1 | 110.55 | 111.92 |
 Kotak Mahindra Bank Ltd 440 8.1(1.88%) | 3.24L | 432.05 | 441.5 | 429 | 431.9 |
 Federal Bank Ltd 323.6 3.6(1.13%) | 1.82L | 320 | 326.15 | 317.05 | 320 |
 ICICI Bank Ltd 1355.2 12.4(0.92%) | 3.31L | 1343 | 1360 | 1329.9 | 1342.8 |
 Bank of Baroda 234.6 1.87(0.8%) | 61,189 | 231.8 | 236.38 | 230.18 | 232.73 |
 Canara Bank 118.7 0.88(0.75%) | 1.48L | 117.95 | 120.25 | 116.51 | 117.82 |
 Axis Bank Ltd 1244.4 -3.6(-0.29%) | 91,785 | 1240.2 | 1259 | 1230.2 | 1248 |
 State Bank of India 954 -4.75(-0.5%) | 4.36L | 955 | 966 | 945.6 | 958.75 |
 Yes Bank Ltd 20.74 -0.12(-0.58%) | 14.17L | 20.89 | 20.93 | 20.63 | 20.86 |
 HDFC Bank Ltd 705.3 -6.15(-0.86%) | 9.90L | 708.55 | 711 | 701.7 | 711.45 |
 IDFC First Bank Ltd 79.28 -2.28(-2.8%) | 3.33L | 81.46 | 81.46 | 78.75 | 81.56 |
 AU Small Finance Bank Ltd 993.8 -34.2(-3.33%) | 23,909 | 1018.4 | 1027 | 988.3 | 1028 |
 IndusInd Bank Ltd 874 -32.1(-3.54%) | 14,454 | 899.05 | 903.25 | 870.9 | 906.1 |
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.