Nifty Bank Index is an index comprised of the most liquid and large capitalised Indian Banking stocks. It provides investors and market intermediaries with a benchmark that captures the capital market performance of Indian Banks. The index has 12 stocks from the banking sector which trade on the National Stock Exchange.
See MoneyWorks4me's rating on Quality, Valuation, Price Trend and Overall Rating to take informed stock investing decisions. Decizen:- Q: Quality, V: Valuation,PT: Price Trend
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|
  Company Name (M.Cap)
|
CMP
|
Price
Change |
Market
Cap (Cr) |
52Week
High |
52Week
Low |
ROE
|
P/E
|
P/BV
|
EV/
EBITDA |
5Y Sales
Gr.(%) |
5Y Profit
Gr.(%) |
More Info
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
(L)
|
Q
V
PT
|
1,239 | 1.98% | 8,58,419 | 1,361 20 Sep, 24 |
1,048 19 Apr, 24 |
18.98 | 18.95 | 3.22 | 13.82 | 22.43 | 61.99 |
|
| 2 |
(L)
|
Q
V
PT
|
83.27 | 1.01% | 74,778 | 129.3 04 Jun, 24 |
78.58 03 Mar, 25 |
19.25 | 4.55 | 0.79 | 1.98 | 19.72 | 60.12 |
|
| 3 |
Q
V
PT
|
179.8 | 0.47% | 43,955 | 216.9 05 Dec, 24 |
139.8 14 Mar, 24 |
15.04 | 10.88 | 1.31 | 9.40 | 16.00 | 19.12 |
|
|
| 4 |
Q
V
PT
|
730.5 | 0.30% | 6,50,025 | 912.1 03 Jun, 24 |
679.6 03 Mar, 25 |
18.81 | 8.91 | 1.59 | 9.46 | 12.59 | 134.27 |
|
|
| 5 |
Q
V+
PT
|
1,925 | 0.17% | 3,82,097 | 1,995 19 Feb, 25 |
1,544 03 May, 24 |
15.35 | 22.43 | 3.35 | 17.82 | 18.33 | 22.08 |
|
|
| 6 |
(L)
|
Q
V+
PT
|
1,685 | -0.13% | 12,90,824 | 1,880 09 Dec, 24 |
1,421 27 Mar, 24 |
17.24 | 18.55 | 2.59 | 16.36 | 16.73 | 18.25 |
|
| 7 |
(L)
|
Q
V
PT
|
203.4 | -0.32% | 1,05,548 | 298.4 03 Jun, 24 |
190.7 04 Mar, 25 |
16.91 | 5.43 | 0.81 | 4.48 | 19.33 | 83.80 |
|
| 8 |
Q
V
PT
|
88.09 | -0.55% | 1,01,804 | 142.9 30 Apr, 24 |
85.50 04 Mar, 25 |
8.48 | 6.05 | 0.83 | 4.07 | 18.30 | 0.00 |
|
|
| 9 |
(L)
|
Q
V+
PT
|
1,026 | -0.91% | 3,20,683 | 1,340 12 Jul, 24 |
934.0 27 Jan, 25 |
18.07 | 12.15 | 1.87 | 10.30 | 18.11 | 34.66 |
|
| 10 |
Q
V
PT
|
55.17 | -2.13% | 41,272 | 86.08 26 Apr, 24 |
56.06 10 Mar, 25 |
10.14 | 21.42 | 1.09 | 11.20 | 36.59 | 0.00 |
|
|
| 11 |
Q
V+
PT
|
516.7 | -4.11% | 40,113 | 755.0 19 Sep, 24 |
492.8 19 Feb, 25 |
15.52 | 20.33 | 2.43 | 10.27 | 36.31 | 33.19 |
|
|
| 12 |
Q
V+
PT
|
678.0 | -24.72% | 70,162 | 1,576 08 Apr, 24 |
886.4 10 Mar, 25 |
15.34 | 9.71 | 1.06 | 6.55 | 18.44 | 15.99 |
|
| Company Name | CMP | Price Change(%) |
|---|---|---|
| 1,238.50 | 1.98% | |
| 83.27 | 1.01% | |
| 179.85 | 0.47% | |
| 730.50 | 0.30% | |
| 1,925 | 0.17% |
| Company Name | CMP | Price Change(%) |
|---|---|---|
| 678 | -24.72% | |
| 516.70 | -4.11% | |
| 55.17 | -2.13% | |
| 1,026.20 | -0.91% | |
| 88.09 | -0.55% |
News about Nifty Bank NIFTY Bank or Bank NIFTY is an index focused solely on the banking sector. It comprises the most liquid Indian banking stocks and is the second most tracked index after the Nifty index.
The index is calculated using the free float weighted method and has twelve stocks from the banking sector. The NIFTY Bank Index has gained significance due to the high weightage of financials in the index.
The NIFTY Bank Index was launched in the year 2000. The base year is taken as January 1, 2000, and the base value is taken as 1000.
The purpose of the NIFTY Bank Index is to provide investors and market intermediaries a benchmark that captures the capital market performance of public-sector and private-sector Indian bank stocks.
Eligibility Criteria for Selection of Stocks in the Bank Nifty index:
1 banks, including both public and private-sector banks, are listed in the NIFTY Bank Index. Currently, these include:
You can invest in the Bank Nifty Index through the various listed ETF like BANKBEES, ICICI Prudential Nifty Bank ETF, etc. Currently, BANKBEES are the most popular option. There are index funds for Bank Nifty.
You can use different criterias to arrive at the list of best stocks in the Nifty Bank company index. You can use return ratios like ROCE or ROE, that will help you choose companies with profitable growth.
Based on ROE, the best stocks in the Nifty Bank companies index are:
| Company Name | Is it a Right Stock ? | CMP | Market Cap(Cr.) | P/E | P/BV | EV/EBITDA | ROE |
|---|---|---|---|---|---|---|---|
| Canara Bank. (L) | Not Good | 83.27 | 74,778 | 4.55 | 0.79 | 1.98 | 19.25 |
| ICICI Bank Ltd. (L) | Very Good | 1,239 | 8,58,419 | 18.95 | 3.22 | 13.82 | 18.98 |
| State Bank Of India. (L) | Very Good | 730.5 | 6,50,025 | 8.91 | 1.59 | 9.46 | 18.81 |
| Axis Bank Ltd. (L) | Very Good | 1,026 | 3,20,683 | 12.15 | 1.87 | 10.30 | 18.07 |
| HDFC Bank Ltd. (L) | Very Good | 1,685 | 12,90,824 | 18.55 | 2.59 | 16.36 | 17.24 |
Based on the past year's gain, the best performing stocks are:
| Company Name | Is it a Right Stock ? | CMP | Market Cap(Cr.) | Yearly gain (%) |
|---|---|---|---|---|
| HDFC Bank Ltd. (L) | Very Good | 1,685 | 12,90,824 | 16.64 |
| The Federal Bank Ltd. (M) | Somewhat Good | 179.8 | 43,955 | 14.52 |
| ICICI Bank Ltd. (L) | Very Good | 1,239 | 8,58,419 | 11.64 |
| Kotak Mahindra Bank Ltd. (L) | Very Good | 1,925 | 3,82,097 | 9.93 |
Stocks with the highest revenue growth in the past 5 years is:
| Company Name | Is it a Right Stock ? | CMP | Market Cap(Cr.) | P/E | P/BV | EV/EBITDA | 5Y Sales Growth (%) |
|---|---|---|---|---|---|---|---|
| IDFC First Bank Ltd. (M) | Somewhat Good | 55.17 | 41,272 | 21.42 | 1.09 | 11.20 | 36.59 |
| AU Small Finance Bank Ltd. (M) | Very Good | 516.7 | 40,113 | 20.33 | 2.43 | 10.27 | 36.31 |
| ICICI Bank Ltd. (L) | Very Good | 1,239 | 8,58,419 | 18.95 | 3.22 | 13.82 | 22.43 |
| Canara Bank. (L) | Not Good | 83.27 | 74,778 | 4.55 | 0.79 | 1.98 | 19.72 |
| Bank Of Baroda. (L) | Somewhat Good | 203.4 | 1,05,548 | 5.43 | 0.81 | 4.48 | 19.33 |
Stocks with high profit growth often witness their stock prices gaining, irrespective of the market movements.
Stocks with the highest profit growth in the past 5 years is:
| Company Name | Is it a Right Stock ? | CMP | Market Cap(Cr.) | P/E | P/BV | EV/EBITDA | 5Y Profit Growth (%) |
|---|---|---|---|---|---|---|---|
| State Bank Of India. (L) | Very Good | 730.5 | 6,50,025 | 8.91 | 1.59 | 9.46 | 134.3 |
| Bank Of Baroda. (L) | Somewhat Good | 203.4 | 1,05,548 | 5.43 | 0.81 | 4.48 | 83.80 |
| ICICI Bank Ltd. (L) | Very Good | 1,239 | 8,58,419 | 18.95 | 3.22 | 13.82 | 61.99 |
| Canara Bank. (L) | Not Good | 83.27 | 74,778 | 4.55 | 0.79 | 1.98 | 60.12 |
| Axis Bank Ltd. (L) | Very Good | 1,026 | 3,20,683 | 12.15 | 1.87 | 10.30 | 34.66 |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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