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Nifty Bank

Benchmarking the Strength of Indian Banking

As of Oct 01, 2024, the PE ratio is 14.83 and the PB ratio is 2.38

About

The Nifty Bank index is a key benchmark that tracks the performance of the 12 largest and most liquid banking stocks listed on the National Stock Exchange of India (NSE). These banks are the backbone of the Indian financial system, and their performance significantly impacts the overall economy.

Portfolio Characteristics

MethodologyPeriodic capped free-float
No. of Constituents12
Launch Date2003-09-15
Calculation FrequencyReal-Time
Index RebalancingSemi - Annually

Historical vs. Current Market

Compare its historical behavior with the current market environment to gain insights into potential trends.

GreedyFearCurrent Market Oct 01, 2024
PEPBDIVPointsPEPBDIVPointsFall(%)~PEPBDIVMRI
Level
Jan 16, 2020Mar 24, 2020~14.832.380.95
40.023.090.3631853.9018.481.600.5717107.30-46.29

62.94

19.75

22.98

48.75

163.89

66.67

80
Mar 02, 2015Feb 26, 2016
20.693.110.9020008.1015.331.941.4113791.45-31.07

28.32

3.26

23.47

22.68

5.56

32.62

84
Nov 01, 2010Dec 01, 2011
21.903.030.9312734.9013.752.001.408895.30-30.15

32.28

7.85

21.45

19

2.15

32.14

83
Jan 03, 2008Oct 27, 2008
25.984.450.7110100.708.461.192.234092.90-59.48

42.92

75.3

46.52

100

33.8

57.4

19
May 10, 2006Jun 14, 2006
14.062.761.205047.1510.051.711.953475.45-31.14

5.48

47.56

13.77

39.18

20.83

51.28

55
Jan 08, 2004Jun 24, 2004
9.692.032.202772.227.341.592.842251.58-18.78

53.04

102.04

17.24

49.69

56.82

66.55

27

Recent Performance

Analyze the recent performance of the Nifty Bank, including its recent highs and lows

Recent HighRecent LowCurrent Market Oct 01, 2024
PEPBDIVPointsPEPBDIVPointsFall(%)~PEPBDIVPoints
Sep 26, 2024Oct 01, 2024~Oct 01, 2024
15.782.510.8754375.3514.832.380.9552922.60-2.67

14.832.380.9552922.60 (0% )

Chart

Compare Nifty Bank: Price, PE, PB, and Dividend Yield.

ALL10Y5Y3Y1Y6M3M1M

Perfomance

Past perfomance returns(%) of the index

#1D1W1M3M6M1Y3Y5Y7Y10Y15Y
Nifty Bank-0.1-2.194.410.59.1320.5939.9685.34107.62183.83539.53

Fundamentals

Nifty Bank

PEPBDiv
14.832.380.95
Exchange Trade Fund ( ETF )
Name of the ETFExpense
ICICI PRUDENTIAL BANK ETF
Nippon India ETF Bank BeES
Companies
Name of the companyIndustrySymbol
AU Small Finance Bank Ltd.Financial ServicesAUBANK
Axis Bank Ltd.Financial ServicesAXISBANK
Bandhan Bank Ltd.Financial ServicesBANDHANBNK
Bank of BarodaFinancial ServicesBANKBARODA
Federal Bank Ltd.Financial ServicesFEDERALBNK
HDFC Bank Ltd.Financial ServicesHDFCBANK
ICICI Bank Ltd.Financial ServicesICICIBANK
IDFC First Bank Ltd.Financial ServicesIDFCFIRSTB
IndusInd Bank Ltd.Financial ServicesINDUSINDBK
Kotak Mahindra Bank Ltd.Financial ServicesKOTAKBANK
Punjab National BankFinancial ServicesPNB
State Bank of IndiaFinancial ServicesSBIN