NIFTY BANK Ltd.

31016.5INR + 252.15 (+ 0.82%) VOLUME : 393820000
    Average Volume
  • 5-Day 453,093,600.00
  • 20-Day 527,614,950.00
  • 3-Months 475,753,883.32

MARKET CLOSED

Price Table

Date Open High GREEN: if High is higher than last 2 days high
RED: if high is lower than last 2 days high
Low GREEN:if Low is higher than last 2 days low
RED: if low is lower than last 2 days low
LTP Close GREEN:if Day's Closing is near the Day's High
RED: if low is lower than last 2 days low
Volume Delivery % 20 Day SMA GREEN: if Day's Closing is above 20-Day SMA
RED: if Day's Closing is below 20-Day SMA
50 Day SMA GREEN: if Day's Closing is above 50-Day SMA
RED: if Day's Closing is below 50-Day SMA
100 Day SMA GREEN: if Day's Closing is above 100-Day SMA
RED: if Day's Closing is below 100-Day SMA
200 Day SMA GREEN: if Day's Closing is above 200-Day SMA
RED: if Day's Closing is below 200-Day SMA
15-Nov-19 30912.40 31165.45 30860.70 31016.50 31016.50 393,820,000 - - - - -
14-Nov-19 30615.80 30789.20 30338.35 30764.35 30764.35 383,308,000 0% 29,939.51 28,886.55 29,144.53 29,077.06
13-Nov-19 31084.75 31198.50 30488.10 30541.55 30541.55 474,516,000 0% 29,829.05 28,817.37 29,139.62 29,060.65
11-Nov-19 30664.65 31205.20 30625.80 31138.90 31138.90 422,777,000 0% 29,709.62 28,762.62 29,140.35 29,044.95
08-Nov-19 30571.30 31108.40 30504.05 30749.40 30749.40 620,047,000 0% 29,554.50 28,702.37 29,138.72 29,025.49
07-Nov-19 30722.60 30821.35 30462.55 30647.75 30647.75 364,820,000 0% 29,417.70 28,646.41 29,140.88 29,009.02
06-Nov-19 30225.20 30699.00 30013.65 30591.00 30591.00 403,957,000 0% 29,324.60 28,572.62 29,147.06 28,993.42
05-Nov-19 30403.25 30452.70 30091.35 30219.85 30219.85 534,712,000 0% 29,183.43 28,501.78 29,151.49 28,979.07

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 30860.70 31061.20
11 AM 30860.70 31160.60
12 PM 30860.70 31160.60
1 PM 30860.70 31160.60
2 PM 30860.70 31164.50

Company Profile - NIFTY BANK Ltd.

NIFTY BANK

In this, it mainly comprises of the most liquid and large Indian Banking stocks. It also provides investors and market intermediaries a benchmark that captures the capital market performance of the Indian banks. The Index comprises a maximum of 12 companies listed on the National Stock Exchange of India (NSE). NIFTY Bank Index is computed using the free-float market capitalization method. It can also be further used for a variety of purposes such as benchmarking fund portfolios and launching of index funds, ETFs, and structured products. Also, the Eligibility Criteria for the Selection of Constituent Stocks:
  • The companies must rank within the top 800 based on both average daily turnover as well as average daily full market capitalization for the last 6 months.
  • Also, companies should form a part of the Banking sector.
  • Also, it's trading frequency should be at least 90% in the last 6 months.
  • It shou ... ld also have a listing history of 6 months. Als, a company that comes out with an IPO, would be eligible for inclusion in the index, only when it fulfills the normal eligibility criteria for the index of about 3 months instead of six months.
  • Also, the companies that are allowed to trade in F&O segment are only eligible to be a component of the index.
  • The final selection of 12 companies shall be made based on the free-float market capitalization of the companies.
  • Also, the weightage of each stock in the index is to be calculated based on its free-float market capitalization in such a way that no single stock can be more than 34% and the weightage of the top 3 stocks cumulatively shall not be more than 63% during rebalancing.
Index Re-Balancing: It is done based on a semi-annual basis, and the cut-off date is January 31 as well as July 31 of each year, i.e., and for a semi-annual review of indices, average data for 6 months ending the cut-off date is considered. Also, 4 weeks before the notice is given to the market from the date of the change. Index Governance: Also, a professional team manages all NSE indices, and there is a three-tier governance structure, which comprises the Board of Directors of NSE Indices Limited, the Index Advisory Committee (Equity) and the Index Maintenance Sub-Committee.