NSE BANKING SECTOR
NCFM training in Hyderabad : NSE Banking sector : AS chakravarthy,
Nifty and NSE 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.
The NSE Bank Index represent about 15.6% of the free float market capitalization of the stocks listed on NSE and 93.3% of the free float market capitalization of the stocks forming part of the Banking sector universe as on March 31, 2016.
The total traded value for the last six months ending March 2016 of all the Index constituents is approximately 12.5% of the traded value of all stocks on the NSE and 88.1% of the traded value of the stocks forming part of the Banking sector universe.TO KNOW OUR Stock Market Course Training in Hyderabad, Telangana Please Visit AS Chakravarthy NCFM Academy Hyderabad.
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Sources : NSE