NIFTY BANK Index Live

NIFTY BANK Index list provided here covers tracking the technical analysis, and performances of banks with other indices or stocks. Mainly, this nifty bank index chart represents the last trade price, change, change in %, high, low, open, and previous close data. Do refer to the below sections and collect every important detail of the BankNifty Index. 

Nifty Bank (NSEBANK)

Last updated at May. 17, 2024, 03:39 PM

48115.65  +138.60 (+0.29%)

Last Trade Change Change in % High Low Open Previous Close
48115.65 138.60 0.29% 48188.65 47758.80 47842.95 47977.05

Nifty Bank Historical Data (Last 60 days data)

Daily Weekly Monthly

Date Last Trade Change Change in % High Low Open Previous Close Compare
May 16, 2024 47977.05 289.60 0.61% 48052.90 47340.35 47945.85 47687.45 258.40 (0.54%)
May 15, 2024 47687.45 -172.00 -0.36% 47957.20 47534.50 47923.10 47859.45 63.65 (0.13%)
May 14, 2024 47859.45 105.35 0.22% 47937.25 47607.85 47748.85 47754.10 -5.25 (-0.01%)
May 13, 2024 47754.10 333.00 0.70% 47841.60 46983.25 47389.80 47421.10 -31.30 (-0.07%)
May 10, 2024 47421.10 -66.80 -0.14% 47868.70 47313.35 47555.50 47487.90 67.60 (0.14%)
May 9, 2024 47487.90 -533.20 -1.11% 48258.65 47440.65 47976.35 48021.10 -44.75 (-0.09%)
May 8, 2024 48021.10 -264.25 -0.55% 48223.05 47851.15 48124.20 48285.35 -161.15 (-0.33%)
May 7, 2024 48285.35 -609.95 -1.25% 49023.50 48213.75 48965.05 48895.30 69.75 (0.14%)

What Is The Nifty Bank Index?

NIFTY Bank Index is one of the prominent indexes considered in trading. It consists of the broadest and biggest capitalized Indian banking shares. BankNifty offers an investor the benchmarks that trace the capital performance of the selected Indian banks. 

How Is the Bank Nifty Price Calculated? 

The Nifty Bank index can be calculated easily using the computing methodology of free-float market capitalization, where the index considers the total free-float value of the stocks. 

What Are The Tips for Selecting the Nifty Bank Options? 

Here are the tips to trade in bank nifty options:

  • Be alert and keep track of economic events and market trends. 
  • Utilize technical analysis to distinguish patterns and Trends. 
  • Evolve a trading plan and implement it without fail. 
  • Fix sensible targets and stop losses.
  • Apply options greeks to estimate risk and return.

FAQs on Bank Nifty Index Online Tool

1. What type of indicators are used for Bank Nifty? 

Some of the technical indicators used for Nifty Bank Index stocks in India are as listed:

  • RSI,
  • Moving Average Convergence Divergence,
  • CCI 
  • ROC
  • ATR
  • Williamson%R
  • Stochastic 
  • MF

2. What is Bank Nifty's PE ratio today?

The PE Ratio of Bank Nifty for today is 15.56. 

3. How to make a profit from BankNifty? 

The strategy that can be applied to get profit from Banknifty is given here:

  • Determine the underlying benefit.
  • Buy Bank Nifty shares
  • Sell call options

Summary

Now, you know what is all about the Nifty Bank Index and tips to select the bank nifty for trading. If you need more information on the same and other indexes then the only allrounder page to suggest is Global Indices, which covers 6 major indexes trading data to help investors and market agents to make better decisions.