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Bank Nifty Share Price – Live Nifty Bank Chart | 2021 Updates

Bank Nifty Share Price – Live Nifty Bank Chart | 2021 Updates

You must come across this article looking for a detailed piece of information about Bank Nifty Share Price. Luckily, you have landed in the right place. Bank Nifty (Nifty 50) is a benchmark of the Indian Stock Market Index, which represents the latest 50 companies listed on the National Stock Exchange.

It is one of the two main stock indices in India. The other one is BSE Sensex. For instance, Nifty Bank is also a free-float Indian market-cap-weighted index that purely focuses on banking shares. The Nifty Bank Share is already one of the actively traded stocks in the stock market.

However, we come across this article to know about the live Bank Nifty Share Price. There is nothing to be worried about. It is because we will be adding complete information along with a live chart on this article.

Bank Nifty Share Price | Live Chart

If we go through the live chart then the current share price of this share is 35579 Rs. We can understand the concern that you must have visited this article looking for the live updates. Thus, there is nothing to be worried about. We will be updating this article regularly with the live updates of Bank Nifty Share Price.

We have already mentioned the current live share price of Bank Nifty whichever is around Rs 35579.

You can refer to the live chart we have added below.

Bank Nifty Share Price

You will keep getting the live updates regarding the Nifty Bank share price regularly in this article.

How is the bank listed in Nifty Bank?

Honestly, many reasons are behind this. You cannot add the bank directly into the stock exchange of Nifty Bank. You can refer to some of the reasons we have added below.

  • The companies should form a part of the Indian banking sector.
  • The companies must rank within the range of the top 800 companies. It should be based on both daily average turnover and the turnover for the last six months.
  • In six months, the company trading frequency should be above 90%.
  • The company should have an Indian listing of at least six months. A company that comes out with an IPO will be eligible for the future index, it if fulfils the criteria for at least three months.
  • The F&O segment should be there, and the companies with the F&O segment are only eligible for indexings.
  • The final selection of a company (a total of 12 companies) shall be done based on the current and average free-float market.
  • The weightage of each stock in the index gets calculated based on the capitalization of the free-float market. No single stock should be more than 34%.

Banks Listed in Bank Nifty;

  • HDFC BANK along with a weighing percentage of 31.54%.
  • ICICI Bank LTD. along with a weighing percentage of 19%.
  • Kotak Mahindra Bank along with a weighing percentage of 14.09%.
  • Axis Bank along with a weighing percentage of 11.56%.
  • The State Bank of India along with a weighing percentage of 10.7%.
  • Indusind Bank along with a weighing percentage of 6.41%.
  • Federal Bank along with a weighing percentage of 1.42%.
  • RBL Bank along with a weighing percentage of 1.41%.
  • Bank of Baroda along with a weighing percentage of 1.07%.

NSE Nifty Bank

You must want to know more about this. For instance, It is an Indian Stock Market Exchange that has been created by clubbing 12 PSU and Private Banks in India. This gets calculated based on the Free Market capitalization method.

Bank Nifty Share Price

Whichever only includes the number of shares currently traded in the market.

You may also like to read, Dow Jones Live Chart | Live Dow Share Price | Dow Jones Industrial Average

Bank Nifty Trading Strategist –

This section is none other than what most people are looking for in this article. Yes, we will be adding this section to provide detailed information about Bank Nifty Trading Strategy. 

Remember, this information can even let you leave the current job of yours and start a new journey in the stock market index. This is possible one can quit their job and start making money and profession in the stock market. You can make enough money from the stock market if invested correctly to maintain your and your family spends.

Anyway, let’s have a look at the primary part ‘Trading Strategy.’

The bank nifty trading is quite simple. You do not need much money to invest in this stock. You do not need to be a technical expert or need any knowledge regarding this index. It is quite simple to invest for a beginner as well.

You can start your investing journey even by investing a little amount in this stock. For this, you need to go through the previous stock index and see how does the stock gets fluctuated. If you got the track, you are good to invest some money for the long term benefits.

Frequently Asked Questions

Some questions need to get answered. Thus, we will be adding some common valuable questions that will even add value to this article. Let’s have a look.

What is the Nifty?

Like the Sensex, Nifty is a quite popular stock index in India. Around 50 Stocks are composed in Nifty. The stocks and indices are managed by the NSE. 

This was launched on April 1 in the year 1996. It is now one of the popular indexes in the stock market index.

What is Bank Nifty?

You can call it Bank Nifty or Nifty Bank. Things will always remain the same. It is an index comprised of the most selling stocks and liquids index in the Indian Stock Market Exchange. It even gets largely capitalised in Indian Banking Stocks.

For instance, it does provide a platform to the investors for creating a benchmark that captures the capital market performance of Indian market stocks. The index has a total of 12 stocks from the banking sector.

If we go through the top stocks then it includes HDFC Bank Ltd. 31.61%, ICICI Bank Ltd. 18.20%, Axis Bank Ltd. 13.02%, Kotak Mahindra Bank Ltd. 12.74% and State Bank of India 10.92%.

What are the stocks part of Bank Nifty?

You must be having a wallet, and it must contain some different currency or different price notes. Well, the same goes for the Nifty. The Bank Nifty contain around 12 Stocks.

The list goes below.

  • HDFC BANK – 31.54%.
  • ICICI Bank LTD. – 19%.
  • Kotak Mahindra Bank – 14.09%.
  • Axis Bank – 11.56%.
  • The State Bank of India – 10.7%.
  • Indusind Bank – 6.41%.
  • Federal Bank – 1.42%.
  • RBL Bank – 1.41%.
  • Bank of Baroda – 1.07%.

We even have added the complete information about these stocks above in this article. You can have a look.

What is the Bank Nifty Share Price?

The current share price of this share is 35579 Rs. You will keep getting the live updates regarding the Nifty Bank share price regularly in this article.

You can prefer buying this stock when it gets to come to its peak point and available to purchase. It is often a profitable share. We will not be adding any live information in this article, but we will keep updating this article along with the latest information about Bank Nifty Share Price.

The current trading strategy of Bank Nifty?

The bank nifty trading is quite simple. You do not need much money to invest in this stock. You do not need to be a technical expert or need any knowledge regarding this index. It is quite simple to invest for a beginner as well.

You only have to go through with last year charts and price information of this index. After that, you can prefer putting the bid and investing some amount in this stock index.

If you invested it correctly then the profit is on the way. Again, it only requires some research and a smart mind.

It is safe to invest in this stock index?

Yes, it is safe to invest in this stock index. The reason the banking industry is stable for many years. It is evident that keeping this stock for the long term not harm the current index. Eventually, it will provide you huge returns for the investment you will be doing in this index.

Just make sure you invest it correctly with proper information.

Final Words

Here we come at the end. Bank Nifty is an index comprising the most selling stocks and liquids index in the Indian Stock Market Exchange. It even gets largely capitalised in Indian Banking Stocks. The index has a total of 12 stocks from the banking sector. 

For instance, one of the largest stock investors is no other than HDFC Bank LTD. The reason we have added this article is to provide information about the Bank Nifty Share Price.

We have added all the information that one needs to know about Bank Nifty in this article. We hope it helps. If there is anything else to ask? You can always ask us in the comments section.

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