Pivot Levels
| Type | Classic | Fibonacci |
|---|---|---|
| R1 | 54,647.82 | 54,323.46 |
| R2 | 55,109.68 | 54,623.7 |
| R3 | 55,920.02 | 55,109.68 |
| PP | 53,837.48 | 53,837.48 |
| S1 | 54,647.82 | 54,323.46 |
| S2 | 52,565.28 | 53,051.26 |
| S3 | 52,103.42 | 52,565.28 |
Index Constituent
| Stock Name | Volume | Open | High | Low | Pre. Close |
|---|---|---|---|---|---|
 Federal Bank Ltd 301.05 8(2.73%) | 1.59Cr | 293.95 | 302.85 | 290.3 | 293.05 |
 Union Bank of India 166.7 4.02(2.47%) | 1.04Cr | 164.01 | 167.5 | 160.55 | 162.68 |
 Canara Bank 131.85 2.77(2.15%) | 3.83Cr | 129.15 | 132.25 | 127.24 | 129.08 |
 Punjab National Bank 105.8 1.71(1.64%) | 1.56Cr | 104.01 | 106.11 | 102.9 | 104.09 |
 State Bank of India 970.45 13.8(1.44%) | 2.79Cr | 953.75 | 974 | 937.2 | 956.65 |
 ICICI Bank Ltd 1242 15.4(1.26%) | 1.39Cr | 1219.9 | 1248.3 | 1213.7 | 1226.6 |
 Bank of Baroda 268.85 3.05(1.15%) | 1.79Cr | 263.9 | 269.9 | 260.8 | 265.8 |
 HDFC Bank Ltd 753.65 5.4(0.72%) | 3.61Cr | 744.45 | 756.9 | 742.6 | 748.25 |
 Kotak Mahindra Bank Ltd 381 1.95(0.51%) | 1.48Cr | 377.6 | 383.45 | 375.1 | 379.05 |
 Yes Bank Ltd 22.93 0.1(0.44%) | 11.12Cr | 22.81 | 23.03 | 22.2 | 22.83 |
 Axis Bank Ltd 1255.2 4.1(0.33%) | 79.53L | 1245.1 | 1264.8 | 1230.3 | 1251.1 |
 IDFC First Bank Ltd 71.78 0.19(0.27%) | 2.40Cr | 71.35 | 72.07 | 69.76 | 71.59 |
 AU Small Finance Bank Ltd 970.6 -5.85(-0.6%) | 23.72L | 975.4 | 975.95 | 941.4 | 976.45 |
 IndusInd Bank Ltd 899.95 -12.55(-1.38%) | 23.02L | 907.1 | 907.9 | 884.05 | 912.5 |
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.