what is Bank Nifty?

  • The NIFTY Bank Index comprises of the most liquid and large Indian Banking stocks. It provides investors and market intermediariesa benchmark that captures the capital market performance of the Indian banks. The Index comprises of maximum 12 companies listedon National Stock Exchange of India (NSE).
  • NIFTY Bank Index is computed using free float market capitalization method.NIFTY Bank Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.

BNF index launched in 15,january,2003 with base value:-1000,,,

Below you can easily see the top 12 perfoming bannks who are running ( Bank nifty index),,,

 

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