Nifty Bank
FactsheetThe Nifty Bank Index comprises of the most liquid and large Indian Banking stocks. It provides investors and market intermediaries a benchmark that captures the capital market performance of the Indian banks. The Index comprises of maximum 12 companies listed on 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.
58,040.458.8 (0.02%) D
Note: Live price is not available for this index. Showing closing price. For historical calculations, prices are adjusted for splits, bonus and rights issue. Percentage change shown is absolute irrespective of the period.
1 Week returns: -0.23 %
Low
57,456.7
High
58,396.1
1 Month returns: 7.11 %
Low
53,829.4
High
58,706.1
1 Year returns: 2.20 %
Low
49,954.8
High
61,764.8
3 Year CAGR: 8.61 %
Low
42,105.4
High
61,764.8
5 Year CAGR: 10.65 %
Low
32,155.3
High
61,764.8
Historical Performance
Constituents
Frequently Asked Questions
What is the current level of Nifty Bank?
Nifty Bank is currently at 58,040.45. Over the past 1 week, the index has declined 0.23%. The 52-week high is 61,764.85 and the 52-week low is 49,954.85.
What is the 1-year return of Nifty Bank?
Nifty Bank has delivered a 1-year point-to-point return of 2.20%. Over 3 years, the CAGR is 8.61% and over 5 years it is 10.65%. Detailed returns across all timeframes are shown in the Price & Range Analysis section.
What is the 3-year CAGR of Nifty Bank?
Nifty Bank has delivered a 3-year CAGR of 8.61% and a 5-year CAGR of 10.65%. The 1-year return is 2.20%. CAGR (Compound Annual Growth Rate) represents the steady annual return an investor would have earned over the period.
What is the 5-year CAGR of Nifty Bank?
Nifty Bank has delivered a 5-year CAGR of 10.65%, compared to a 3-year CAGR of 8.61% and a 1-year return of 2.20%. The 5-year CAGR is the most reliable measure of long-term index performance as it smooths out short-term market cycles.
What is the P/E ratio of Nifty Bank?
The current P/E (Price-to-Earnings) ratio of Nifty Bank is 14.59. The P/E ratio is the aggregate of the price-to-earnings multiples of all constituent stocks weighted by their index weight. A higher P/E than historical averages may indicate expensive valuations — compare with historical P/E trends in the Fundamentals tab.
What is the P/B ratio of Nifty Bank?
The current P/B (Price-to-Book) ratio of Nifty Bank is 1.87 and the P/E ratio is 14.59. P/B ratio compares the index's market value to the collective book value of its constituent companies. Historical P/B trends and comparisons are available in the Fundamentals tab.
What is the dividend yield of Nifty Bank?
The aggregate dividend yield of Nifty Bank is 0.80%. This is the weighted average dividend yield of all constituent stocks and represents the income return from the index if held as a portfolio. Historical dividend yield trends are shown in the Fundamentals tab.
How many stocks are in Nifty Bank?
Nifty Bank consists of 14 constituent stocks. With 14 stocks, the index is a concentrated benchmark — each constituent has a significant weight and influence on the index level. The full constituent list with individual performance can be viewed in the Stock Technicals tab.
What is the 52-week high and low of Nifty Bank?
Nifty Bank's 52-week high is 61,764.85 and the 52-week low is 49,954.85. At the current level of 58,040.45, the index is 6.03% below its 52-week high. The 52-week range reflects the full extent of market movement over the past year.
What is the recent 1-week and 1-month performance of Nifty Bank?
Nifty Bank has declined 0.23% over 1 week and gained 7.11% over 1 month. The 1-year return is 2.20%. Full return breakdown across all timeframes is in the Price & Range Analysis section.