Nifty Bank Index
Short

NIFTY BANK INDEX

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🏦 Nifty Bank Index Overview (BANKNIFTY)
The Nifty Bank Index is one of the most widely tracked sectoral indices in India. It represents the performance of the 12 most liquid and large-cap Indian banking stocks listed on the National Stock Exchange (NSE). It serves as a benchmark for the Indian banking sector, and is frequently used by institutional investors, traders, and fund managers.

📌 Key Highlights (as of April 29, 2025)
Index Level: ₹48,511.20

1-Day Change: ▼ 0.97%

52-Week Range: ₹45,828.80 – ₹54,467.35

Market Cap (approx.): ₹40.02 trillion

P/E Ratio: 12.63

P/B Ratio: 1.59

Dividend Yield: 1.31%

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