NIFTY BANK

It is an index that comprises the most liquid and large capitalized Indian banking shares. It gives an investor the benchmarks that capture the capital performances of the banking sector.

The Nifty bank index was launched in 2000.

The Nifty Bank represents 12 of the most liquid and large capitalized stocks from the banking sector that trade on the National Stock Exchange.

Nifty Bank, as known, is the index that comprises the most liquid and large capitalized Indian banking stocks, and it also gives investors the benchmark that holds the capital market performance of Indian bank stocks.

You can buy shares enlisted on the Bank Nifty Index by finding on Groww which will also help you to spot information on the index and more.

The Nifty Bank Index depends on the movement of the top banking stocks of the index.

Bank Nifty has the options of 3-month trading cycles, the near month one, the next month two, and the far month three.

Trading nifty or stock options in intraday trading is highly possible. Most of the traders open a position at the beginning of a day and close it at the end of the day.

The Bank Nifty Index contains 12 banks. 12 Banks that are most active and traded in the NSE.

The Bank Nifty index uses the computing methodology of free-float market capitalization, where the level of the index reflects the total free-float value of the stocks.