Bank Nifty Share Price
If you want to know the Bank Nifty Share Price then you are at the right place.
At First Adviser, we provide the exact price of bank nifty shares at the right time.
Our expert team always aware of the increase and downfall of the bank nifty prices.
In fact, we are the Best SEBI Registered Stock Advisory Company in India.
Bank Nifty isn’t the only sector-specific index, we have NIFTY IT ( IT sector ), NIFTY Auto ( Auto Sector) and so on. You can find the list of all the index listed on NSE here.
Bank Nifty Share Price.
The reason that Bank Nifty is most popular sectoral index is that this is the most traded & liquid index future, right after NIFTY.
The banking sector in itself is one of the biggest and growing sectors in Indian economic conditions currently.
Bank Nifty Share Price
Bank Nifty constituents are below mentioned 12 banks, though it is the first 5 banks which carry the maximum weight in the overall calculation and thus the movement of the index.
As you can see, SBI, HDFC Bank and ICICI Bank together hold more than 50% weightage in Bank Nifty Index valuations. Bank Nifty Share Price.
Thus, the price movements of these three banks decide a lot about the movement of BankNifty.
Bank Nifty is traded both in futures and options. In futures, there are only monthly expiry options.
But, in options, there are options in both weekly and monthly expiry.
Bank Nifty was one of the first indexes in which weekly options will introduce to trading purposes. Now, they will introduce in Nifty too.
They will trade alongside monthly options. And you get options to trade in all 4 weekly expiry dates.
Bank Nifty Share Price.
There is a couple of profitable options trading strategy for trading Bank Nifty weekly options. This will always use by many proprietary trading desks.
If you are looking for daily or end of the day (EOD) charts of bank nifty, you can find them on both Google Finance as well as on this website. Bank Nifty Share Price.
In fact, if you have an account with any of the discount brokerages, then you can get access to daily as well as intraday charts provided by them to their clients.
If you are planning to trade in BNF, then you should look into the historical charts to see if your trading strategy is profitable. Bank Nifty Share Price.
Though it is easy to find Daily, EOD & intraday charts and data from sources mentioned above, to access historical data like historical options chain, you need to buy data from a vendor.