Tuesday, 17 March 2015

Bank Nifty

What is Bank Nifty:

Bank Nifty is trading in the F&O (Future and option) segment in Indian share market. It comprises of most liquid banking stocks listed on NSE. This index provides investors and market intermediaries with a benchmark that captures the capital market performance of Indian Banks.it is indicate of the 12 stocks i.e. based up on the these 12 stocks bank nifty future will be moving.

Bank nifty future and option lot size is 25. The index consist of 12 stocks from the banking sector which trade on the National Stock Exchange.



List of Banks in Bank Nifty

1.Axis Bank Ltd – AXISBANK
2.Bank of Baroda – BANKBARODA
3.Bank of India – BANKINDIA
4.Canara Bank – CANBK
5.HDFC Bank Ltd – HDFCBANK
6.ICICI Bank Ltd – ICICIBANK
7.IDBI Bank Ltd. – IDBI
8.Kotak Mahindra Bank Ltd. – KOTAKBANK
9.Oriental Bank of Commerce – ORIENTBANK
10.Punjab National Bank – PNB
11.State Bank of India – SBIN
12.Union Bank of India – UNIONBANK

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