NIFTY BANK Ltd.

30701.45INR -1,476.20 ( -4.59%) VOLUME : 0
    Average Volume
  • 5-Day 303,054,336.40
  • 20-Day 357,622,284.05
  • 3-Months 444,206,244.65

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
22-Jan-20 31061.60 31149.05 30614.00 30701.45 30701.45 0 - - - - -
13-Jan-20 32139.10 32322.65 32074.05 32177.65 32177.65 291,441,682 0% 32,127.14 31,501.69 29,872.19 29,958.39
10-Jan-20 32215.70 32347.20 31953.40 32097.40 32097.40 444,709,000 0% 32,076.27 31,448.46 29,834.73 29,939.72
09-Jan-20 31748.25 32172.70 31667.15 32092.40 32092.40 307,977,000 0% 32,038.01 31,394.43 29,794.86 29,919.08
03-Jan-20 32326.95 32329.80 31960.40 32069.25 32069.25 217,586,000 0% 32,000.46 31,334.75 29,750.96 29,897.42
02-Jan-20 32133.15 32465.45 32121.40 32438.25 32438.25 253,558,000 0% 31,982.65 31,282.55 29,710.48 29,875.90
01-Jan-20 32237.90 32348.00 32057.20 32131.35 32131.35 184,672,000 0% 31,958.86 31,222.11 29,662.58 29,851.84
31-Dec-19 32345.95 32345.95 32108.75 32161.65 32161.65 251,410,000 0% 31,932.96 31,161.89 29,623.32 29,828.95

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 30919.80 31149.05
11 AM 30729.75 31149.05
12 PM 30685.30 31149.05
1 PM 30685.30 31149.05
2 PM 30685.30 31149.05

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.