Market structure & regulation
What is Bank Nifty?
Also called: Nifty Bank
Hinglish mein padhein: Bank Nifty kya hai?
Nifty Bank tracks the most liquid and large Indian banking stocks and is one of the most actively traded index derivatives.
Because banks are sensitive to interest rates and credit growth, Bank Nifty often moves more sharply than the Nifty 50.
It is dominated by a few large private banks, so their results strongly influence the index.
Related terms
- Nifty 50The Nifty 50 is NSE's flagship index of 50 large companies across sectors, weighted by free-float market capitalisation.
- Stock market indexAn index tracks the combined price movement of a chosen basket of stocks, giving one number for how that part of the market is doing.
- FuturesA futures contract is an agreement to buy or sell an asset at a set price on a future date. Both sides are obliged to settle.