The NIFTY PSU Bank index tracks the performance of public sector banks (PSUs) listed in India. Banking stocks have experienced strong growth recently due to the adoption of technology and the rise of digital banking, thus showing a huge growth potential in future. However, these stocks face risks like high Non-Performing Assets (NPAs). Here’s a look at the PSU bank stocks included in this index:
The Nifty PSU Bank Index tracks the performance of public sector banks (PSUs) listed on the Indian National Stock Exchange (NSE).
There is no fixed time frame for holding any investment unless there is a minimum holding period. You can remain invested as long as you want, based on your investment goals.
Currently, there are 12 companies included under the Nifty PSU Bank Index.
The Nifty PSU Bank Index uses the free-float market capitalization method to calculate the index price. This method adjusts the weight of each company based on its market capitalization, factoring in only the freely traded shares.
The index is influenced by factors including:
The Nifty PSU Bank Index provides exposure to India's public sector banking growth, potential for significant returns during economic expansions, and diversification within a critical sector of the economy.
As of date N.A., company N.A. is the top gainer in this index.
As of date N.A., company N.A. is the top loser in this index.
As of date N.A., the top 5 largest companies in the Nifty PSU Bank Index based on market capitalization are:
N.A.Top Gainers:
Top Losers:
Large Cap Stocks:
Mid Cap Stocks:
Small Cap Stocks:
Multibagger Stocks:
Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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