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Nifty Bank, or Bank Nifty, is an index comprised of the most liquid and large capitalized Indian banking stocks. It provides investors with a benchmark that captures the capital market performance of Indian bank stocks. The index has 12 stocks from the banking sector.
The top stocks of the index include 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%. Bank Nifty, like others, is computed using the free-float market capitalization method. Its index variant includes NIFTY Bank Total Returns Index or Bank Nifty TRI. The index was launched in 2003.
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Bank Nifty Telegram Group Link Rules:
Table of Contents
- Only Bank Nifty trading-related information is allowed.
- Only Trading interested people are allowed.
- Always respect everyone.
- My dear folks don’t abuse group members.
- Don’t chit chat with any group members.
- Don’t abusing any group members.
- Don’t share your personal details.
- If you face any problem through the group members then contact the group admin.
- Don’t share any spam links.
- Spam links are strictly not allowed.
- Always follow group rules and regulations.
- Please don’t make video or audio call any group members.
- Please don’t post any religious.
- Always be happy and cool.
- Keep smiling.
- Continue your journey with the group very well.
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