The table below shows the Nifty Bank Stocks List from highest to lowest.
| Name | Market Cap ( Cr ) | Close Price |
| HDFC Bank Ltd | 1065693.46 | 1403.60 |
| ICICI Bank Ltd | 694203.06 | 1010.70 |
| State Bank of India | 624321.23 | 725.25 |
| Kotak Mahindra Bank Ltd | 343846.19 | 1742.45 |
| Axis Bank Ltd | 319530.71 | 1051.40 |
| Punjab National Bank | 136866.92 | 123.90 |
| Bank of Baroda Ltd | 130887.18 | 263.50 |
| Indusind Bank Ltd | 114960.63 | 1486.25 |
| IDFC First Bank Ltd | 57251.52 | 81.25 |
| AU Small Finance Bank Ltd | 39832.21 | 603.90 |
| Federal Bank Ltd | 35699.52 | 147.30 |
| Bandhan Bank Ltd | 34497.81 | 216.20 |
The Nifty Bank Index consists of the largest and most liquid Indian banking stocks, serving as a benchmark for investors and market intermediaries to gauge the performance of the Indian banking sector in the capital market. It includes 12 companies on the National Stock Exchange of India (NSE). The index is calculated using the free float market capitalization method.
Bank Nifty Weightage
The table below shows the Bank Nifty Weightage From highest to lowest.
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 26.41 |
| ICICI Bank Ltd. | 24.45 |
| State Bank of India | 10.33 |
| Axis Bank Ltd. | 10.05 |
| Kotak Mahindra Bank Ltd. | 9.96 |
| IndusInd Bank Ltd. | 6.47 |
| Bank of Baroda | 2.94 |
| Punjab National Bank | 2.17 |
| Federal Bank Ltd. | 2.11 |
| IDFC First Bank Ltd. | 2.05 |
Introduction to Nifty Bank Stocks List
HDFC Bank Ltd
The market capitalization of HDFC Bank Ltd is ₹1,06,569.35 crores. Its one-year return stands at -14.96%. The stock is currently 25.21% away from its 52-week high. Unfortunately, the PE ratio is not provided.
A financial conglomerate offers a comprehensive range of services encompassing banking, insurance, and mutual funds through its subsidiaries. Its services span commercial and investment banking as well as retail and wholesale banking.
Additionally, its Treasury segment covers various financial activities, including investment operations and foreign exchange trading. Subsidiaries include HDFC Securities Ltd., HDB Financial Services Ltd., HDFC Asset Management Co. Ltd, and HDFC ERGO General Insurance Co. Ltd.
ICICI Bank Ltd
The market capitalization of ICICI Bank Ltd is ₹6,94,203.06 crores. Its one-year return stands at 17.41%. Currently, the stock is 4.82% away from its 52-week high. However, the PE ratio is not provided.
The bank, headquartered in India, offers a diverse range of banking and financial services across six segments. Its operations encompass retail banking, wholesale banking, treasury management, and various subsidiaries, including ICICI Bank UK PLC and ICICI Bank Canada.
Geographically, it operates both domestically and internationally, with additional segments covering life insurance and other ventures.
State Bank of India
The market capitalization of the State Bank of India is ₹6,24,321.23 crores. It has recorded a one-year return of 31.67%. Currently, it is only 0.43% away from its 52-week high. However, the PE ratio is not provided.
The bank, headquartered in India, offers diverse banking and financial services to individuals, businesses, and institutions.
Its operations span various segments such as Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business, encompassing a broad clientele’s lending, investment, trading, and transaction services.
Kotak Mahindra Bank Ltd
The market capitalization of Kotak Mahindra Bank Ltd is ₹3,43,846.19 crores. Its one-year return stands at -1.61%. Currently, it is trading 18.48% below its 52-week high. However, the PE ratio is not provided.
A Non-Banking Financial company, focuses primarily on financing passenger cars and multi-utility vehicles for retail customers and providing inventory and term funding to car dealers.
Its operations span three segments: Vehicle Financing, Other Lending activities, and Treasury and Investment activities, offering diverse financial products such as Home Loan, Personal Loan, Savings Account, National Pension Scheme (NPS), Business Loan, Life Insurance, Fixed Deposit, Recurring Deposit, and Loan against property.
Axis Bank Ltd
The market capitalization of Axis Bank Ltd is ₹3,19,530.71 crores. Its one-year return stands at 21.17%. Presently, it is trading 9.55% below its 52-week high. However, the PE ratio is not provided.
An India-based entity, specializes in banking and financial services, divided into Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business segments. Its Treasury segment covers various investments and trading activities, while Retail Banking offers various services, including card, internet, and mobile banking.
The Corporate/Wholesale Banking segment handles corporate relationships, advisory services, and capital market activities, while Other Banking Business includes para-banking services.
Punjab National Bank
The market capitalization of Punjab National Bank is ₹1,36,866.92 crores. It has experienced an impressive one-year return of 142.94%. Currently, it is only 3.51% away from its 52-week high. However, the PE ratio is not provided.
The bank, headquartered in India, operates across segments such as Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations.
Its product range spans personal, corporate, international, and capital services, encompassing deposits, loans, housing projects, NPA settlements, accounts, insurance, government transactions, and specialized offerings for various sectors.
Bank of Baroda Ltd
The market capitalization of Bank of Baroda Ltd is ₹1,30,887.18 crores. It has achieved a one-year return of 55.50%. Currently, it is trading just 1.14% below its 52-week high. However, the PE ratio is not provided.
It operates in India, providing diverse banking and financial services through segments like treasury, corporate/wholesale banking, and retail banking. Its offerings encompass personal banking services, digital products, various loans, and merchant payment solutions. With 8,240 branches and 9,764 ATMs, it ensures widespread accessibility.
The stock in focus is Indusind Bank Ltd
The market capitalization of Indusind Bank Ltd is ₹1,14,960.63 crores. Its one-year return stands at 27.71%. Currently, it is trading 14.01% below its 52-week high. However, the PE ratio is not provided.
Provides diverse financial services to individuals and businesses, encompassing microfinance, personal and commercial loans, credit cards, and SME loans. Its operations are categorized into Treasury, Corporate/Wholesale Banking, and Retail Banking, further divided into Digital Banking and Other Retail Banking, catering to specific customer needs.
IDFC First Bank Ltd
The market capitalization of IDFC First Bank Ltd is ₹57,251.52 crores. It has recorded a one-year return of 38.30%. Presently, it is trading 23.94% below its 52-week high. However, the PE ratio is not provided.
Headquartered in India, operates across four key segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business. The Treasury division manages investments, money markets, foreign exchange, and derivatives.
Corporate/Wholesale Banking offers loans and services to non-retail corporate clients, while Retail Banking focuses on individuals and business banking. Additionally, the bank generates revenue from distributing third-party products. It serves a wide customer base with a network of about 809 branches and 925 ATMs.
AU Small Finance Bank Ltd
The market capitalization of AU Small Finance Bank Ltd is ₹39,832.21 crores. It has experienced a one-year return of -5.77%. Currently, it is trading 34.69% below its 52-week high. However, the PE ratio is not provided.
An Indian NBFC-ND, offers a diverse suite of financial services, encompassing retail and wholesale banking alongside treasury operations. Its segments comprise treasury, retail banking, wholesale banking, and ancillary services.
Retail services are delivered through branches and digital channels, while wholesale banking caters to corporate entities with loans and transactional facilities. The bank also provides personal banking products such as savings, current accounts, and various loans for automobiles, homes, and personal needs.
Nifty Bank Stocks List – FAQ
How many stocks are listed in Bank Nifty?
The Bank Nifty index includes up to a maximum of 12 companies that are listed on the National Stock Exchange of India (NSE).
What are the top 5 stocks of Bank Nifty?
High market capitalization can be advantageous for stocks, indicating stability, liquidity, and investor confidence.
Top stocks in Bank Nifty #1: HDFC Bank Ltd
Top stocks in Bank Nifty #2: ICICI Bank Ltd
Top stocks in Bank Nifty #3: State Bank of India
Top stocks in Bank Nifty #4: Kotak Mahindra Bank Ltd
Top stocks in Bank Nifty #5: Axis Bank Ltd
The stocks mentioned are ranked according to the highest market capitalization.
How many stocks are there in Nifty Private Bank?
The Nifty Private Bank Index mirrors the performance of private sector banks and consists of 10 stocks listed on the National Stock Exchange (NSE).
How to invest in Banknifty?
Investing in Bank Nifty can be done through derivative instruments like futures and options, or via exchange-traded funds (ETFs) and index funds that track its performance.
Can I buy Bank Nifty on delivery?
Opting for delivery instead of intraday when holding a Bank Nifty call option on a regular trading day (excluding expiration day) signifies the exercise of your right to purchase the underlying Bank Nifty index at the option’s strike price.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
