Bank Nifty
₹48,438
Bank Nifty Forecast For Today
Bank nifty (48,283) is highly likely to encounter a downtrend today on 2025-02-28. After yesterday’s close of 48,744, Bank Nifty opened with a margin at 48,438. However, it fell short after opening and is currently hovering at 48,438 down -0.63% percent as of now.
| Bank Nifty Type | Levels |
|---|---|
| Bank Nifty Support | ₹ 48,586 - ₹ 48,442 - ₹ 48,253 |
| Bank Nifty Resistance | ₹ 48,942 - ₹ 49,136 - ₹ 49,288 |
| Bank Nifty Range | ₹ 48,111 - ₹ 49,396 |
| Bias | Bullish |
Bank Nifty Prediction For Tomorrow
Bank Nifty predicted for Tomorrow is ₹48,537, According to the experts and the analysis of various technical indicators for Bank Nifty forecast tomorrow, Bank Nifty is likely to face a uptrend. This trend seems to continue further. The movement of tomorrow Nifty Bank Prediction It looks like NIFTY_BANK is traveling in a straight line. The stock trend was unaffected by any recent bulk deals.
| Bank Nifty Type | Levels |
|---|---|
| Bank Nifty Support | ₹ 48,071 - ₹ 47,613 - ₹ 47,144 |
| Bank Nifty Resistance | ₹ 49,025 - ₹ 49,520 - ₹ 50,006 |
| Bank Nifty Range | ₹ 47,585 - ₹ 49,489 |
| Bias | Bullish |
Bank Nifty Prediction for Next Week
| Date | Day | Value | Support | Resistance |
|---|---|---|---|---|
| 24-02-2025 | Monday | ₹ 48,253 | ₹ 47,290 | ₹ 49,241 |
| 25-02-2025 | Tuesday | ₹ 48,632 | ₹ 47,669 | ₹ 49,620 |
| 26-02-2025 | Wednesday | ₹ 48,825 | ₹ 47,862 | ₹ 49,813 |
| 27-02-2025 | Thursday | ₹ 49,041 | ₹ 48,078 | ₹ 50,029 |
| 28-02-2025 | Friday | ₹ 49,358 | ₹ 48,395 | ₹ 50,346 |
Bank Nifty for Next 30 Days – Bank Nifty Forecast this Month
| Date | Day | Value | Support | Resistance |
|---|---|---|---|---|
| 03-02-2025 | Monday | ₹ 49,425 | ₹ 48,891 | ₹ 49,973 |
| 04-02-2025 | Tuesday | ₹ 49,562 | ₹ 49,028 | ₹ 50,110 |
| 05-02-2025 | Wednesday | ₹ 49,694 | ₹ 49,160 | ₹ 50,242 |
| 06-02-2025 | Thursday | ₹ 49,755 | ₹ 49,221 | ₹ 50,303 |
| 07-02-2025 | Friday | ₹ 49,922 | ₹ 49,388 | ₹ 50,470 |
| 10-02-2025 | Monday | ₹ 49,986 | ₹ 49,452 | ₹ 50,534 |
| 11-02-2025 | Tuesday | ₹ 50,035 | ₹ 49,501 | ₹ 50,583 |
| 12-02-2025 | Wednesday | ₹ 50,147 | ₹ 49,613 | ₹ 50,695 |
| 13-02-2025 | Thursday | ₹ 50,206 | ₹ 49,672 | ₹ 50,754 |
| 14-02-2025 | Friday | ₹ 50,341 | ₹ 49,807 | ₹ 50,889 |
| 17-02-2025 | Monday | ₹ 50,477 | ₹ 49,943 | ₹ 51,025 |
| 18-02-2025 | Tuesday | ₹ 50,320 | ₹ 49,786 | ₹ 50,868 |
| 19-02-2025 | Wednesday | ₹ 50,108 | ₹ 49,574 | ₹ 50,656 |
| 20-02-2025 | Thursday | ₹ 49,920 | ₹ 49,386 | ₹ 50,468 |
| 21-02-2025 | Friday | ₹ 50,251 | ₹ 49,717 | ₹ 50,799 |
| 24-02-2025 | Monday | ₹ 50,394 | ₹ 49,860 | ₹ 50,942 |
| 25-02-2025 | Tuesday | ₹ 50,508 | ₹ 49,974 | ₹ 51,056 |
| 26-02-2025 | Wednesday | ₹ 50,344 | ₹ 49,810 | ₹ 50,892 |
| 27-02-2025 | Thursday | ₹ 50,264 | ₹ 49,730 | ₹ 50,812 |
| 28-02-2025 | Friday | ₹ 50,089 | ₹ 49,555 | ₹ 50,637 |
What is Bank Nifty
Also known as Nifty Bank, the Bank Nifty index refers to an index that is made up of the 12 highly liquid and large capitalized banking stocks of India. It gives investors a standard by which to measure the performance of Indian bank equities on the capital market. Twelve banking-related stocks are included in the index.
HDFC Bank Ltd. (31.61%), ICICI Bank Ltd. (18.20%), Axis Bank Ltd. (13.22%), Kotak Mahindra Bank Ltd. (12.74%), and State Bank of India (10.92%) are the top stocks in the index. Like other indices, the Bank Nifty is calculated using the free float market capitalization technique. NIFTY Bank Total Returns Index and Bank Nifty TRI are two examples of its index variants. In 2003, bank nifty index came into play.
More About Bank Nifty
Bank Nifty, which was established by the National Stock Exchange (NSE) in 2003, is a standard by which to measure the performance of banking firms on the stock exchange. Large and extremely liquid stocks from India's banking industry make up its members. According to the NSE, Bank Nifty is calculated using the free float capitalization approach. It indicates that the market capitalization of banks that are included in the Bank Nifty is determined solely by the shares that are open for public trade.
A benchmark for traders, investors, economists, and other stakeholders who wish to assess the success of the Indian banking industry, the Bank Nifty is significant in the Indian stock market. Market participants can generate opinions about the banking industry and, consequently, the Indian economy as a whole by observing the fluctuations of the Bank Nifty. As a result, Bank Nifty is among India's most actively monitored sectoral indices.
List of Bank Nifty Stocks
Stocks included in Bank Nifty are:
| Company | Change | Market Cap (Cr) |
|---|---|---|
| INDUSINDBK | 5.58% | 81664.09 |
| BANKBARODA | 8.93% | 107026.51 |
| AXISBANK | 0.11 | 307418.64 |
| BANDHANBNK | 1.98% | 21396.92 |
| KOTAKBANK | 11.72% | 386762.63 |
| HDFCBANK | 27.04% | 1313806.54 |
| ICICIBANK | 23.03% | 883659.31 |
| PNB | 0.91% | 107091.25 |
| SBIN | 11.27% | 649444.6 |
| AUBANK | 2.69% | 38860.88 |
| FEDERALBNK | 1.68% | 44574.71 |
| IDFCFIRSTB | 1.08% | 45022.48 |
Top Gainers of Today – Top 4 Bank Nifty Stocks
| Top Stocks(Bank Nifty) | LTP | Change% | Volume (Shares) |
|---|---|---|---|
| INDUSINDBK | 1,044.70 | 1.89 | 15,10,721 |
| IDFCFIRSTB | 60.89 | 0.48 | 1,34,88,522 |
| HDFCBANK | 1,702.55 | 0.45 | 35,18,892 |
| SBIN | 722.56 | 0.06 | 55,09,171 |
Losers of Today – Top 5 Bank Nifty Stocks
| Top Stocks (Bank Nifty) | LTP | Change% | Volume (Shares) |
|---|---|---|---|
| PNB | 92.22 | -0.03 | 1,37,89,851 |
| BANKBARODA | 204.90 | -0.13 | 52,22,322 |
| KOTAKBANK | 1,940.00 | -0.64 | 12,56,244 |
| FEDERALBNK | 179.59 | -0.78 | 24,22,204 |
| ICICIBANK | 1,240.80 | -1.53 | 56,21,385 |
How the calculation of bank nifty is done?
The NSE chooses which firms should be included in the Bank Nifty index using the free float market cap methodology. There can be no more than 12 stocks in the index. Its base value is 1,000 points, and its base date is January 1, 2000. However, businesses must meet specific requirements in order to be considered for inclusion in Bank Nifty. Businesses have to be in the banking industry. In the preceding six months, they must have traded at least 90% of the time. A company should have at least one month of listed history as of the deadline. Bank Nifty can only include companies that are allowed to trade in the futures and options (F&O) sector.
A banking stock's free float factor is multiplied by its market capitalization in order to determine its inclusion in the Bank Nifty. The free float factor of a business is the proportion of its shares that are traded. All of the stocks that comprise the Bank Nifty index are subject to this computation. The total free-float market capitalization is calculated by adding the free-float market capitalization of all these banks, and then dividing that total by the free-float market capitalization of all these banks on the base date, which is January 1, 2000. The index value is determined by multiplying the result by 1000.
FAQs - Banknifty Forecast For Today
What is the expiry day of Bank Nifty?
The expiry day of Bank Nifty is the last Thursday of every month. It remains the same for quarterly contact as well.
What is Bank Nifty’s lot size?
The lot size of Bank Nifty is 30.
How many stocks are there in Bank Nifty?
Bank Nifty is made up of 12 stocks that have a total market capitalization of 4, 059, 232.60 Cr.
How to buy Bank Nifty?
One can buy the shares listed on the Bank Nifty index or choose a call or put option on the index.
How the trading of Bank Nifty index is done?
The Bank Nifty index is traded on the NSE and is one of the most highly traded indexes in the F&O category.