My last article was about weight of stocks in NSE Nifty index, in this article I will tell the weight of stocks in Bank Nifty index. Bank Nifty index is the index traded on NSE based on the prices of 12 banks, below are the stocks along with their weightage, this weight can help us in identifying what would be the direction (Up trend or Down trend) of index if the major banking stocks like SBIN, HDFCBANK or ICICIBANK moves.
- State Bank of India 24.89
- HDFC Bank 21.64
- ICICI Bank 16.44
- Kotak Mahindra Bank 7.27
- Axis Bank 7.21
- Bank of Baroda 4.93
- Punjab National Bank 4.50
- Bank of India 3.42
- Canara Bank 3.16
- IndusInd Bank 2.54
- Yes Bank 2.01
- Union Bank 1.97
In the above list first 5 stocks has the highest weight in bank nifty index, so most of the time trend of these five must be considered as trend of bank nifty index. Now learn technical analysis on weekend (Saturday and Sunday), call us on +91-9970777789.
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bank nifty buy or sell
Sell Banknifty tomorrow for a target of 23480.
Dear Sir,
Please send me the full details in nifty index calculation .
Thanks,
Regards,
T.Reni Ebi
bank nifty analiyes and bank stocks analiyes and buying selling levels pls giveme details
please change stocks in bank nifty & their respective weightage. This site is showing wrong weightage & some banks are missing according to NSE website.
Respected Sir,
Please tell me, How to analyse Nifty, bank nifty for any day for trading in the opening 15 min ? and in the last hour of trading ?
How to analyse Nifty, bank nifty on Expiry day for trading in the opening hour ? and in the last hour of trading ?
Thanking you
RPS Chauhan