How many companies are part of the Nifty PSU Bank Index?

The Nifty PSU Bank Index includes a selection of 12 leading public sector banks such as the State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BoB), Canara Bank, and Bank of India (BoI). These banks are chosen based on their market capitalisation and importance within the public sector banking space. The index is reviewed semi-annually to ensure it accurately reflects the current market conditions and performance of PSB stocks. Each constituent's weightage is determined by its free float market capitalisation, providing a comprehensive view of the sector's performance and trends.

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Nifty PSU Bank

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Pivot Levels

Type	Classic	Fibonacci
R1	6,285.1	6,280.53
R2	6,373.45	6,316.02
R3	6,435.45	6,373.45
PP	6,223.1	6,223.1
S1	6,285.1	6,280.53
S2	6,072.75	6,130.18
S3	5,984.4	6,072.75

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FAQs

The Nifty PSU Bank Index is a sectoral index that tracks the performance of public sector banks (PSBs) listed on the National Stock Exchange (NSE) of India. This index includes major government-owned banks that play a crucial role in India's banking and financial sector. Investing in the Nifty PSU Bank Index provides exposure to key PSBs, which are significant contributors to India's banking infrastructure and financial inclusion initiatives.

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