Nifty Bank Stocks List
12 stocks · Updated daily from NSE
Banking is where credit, confidence, and liquidity meet
Few indices reveal as much about the economy's internal health as Nifty Bank. When banks are lending well, controlling credit costs, and expanding profitably, the index becomes a strong barometer of both business confidence and market appetite. When those variables wobble, the signal matters just as much.
What to watch on this page
Look beyond the index move and compare franchise quality. Deposit strength, CASA mix, credit growth, margin durability, slippage trends, and valuation dispersion all matter. This index leads naturally into private-bank versus PSU-bank analysis, NBFC spillover, and stock comparison work.
| # | Company | Symbol | Price | Change | Mkt Cap | P/E | Score |
|---|---|---|---|---|---|---|---|
| 1 | HDFC Bank Limited Private Sector Bank | HDFCBANK | ₹736.70 | +1.54% | ₹1136K Cr | 14.2x | 37 |
| 2 | ICICI Bank Limited Private Sector Bank | ICICIBANK | ₹1424.10 | -0.03% | ₹1022K Cr | 17.3x | |
| 3 | State Bank of India Public Sector Bank | SBIN | ₹979.00 | +0.90% | ₹904K Cr | 10.5x | |
| 4 | Kotak Mahindra Bank Limited Private Sector Bank | KOTAKBANK | ₹459.40 | -1.13% | ₹457K Cr | 12.0x | |
| 5 | Axis Bank Limited Private Sector Bank | AXISBANK | ₹1232.00 | -0.06% | ₹383K Cr | 13.8x | |
| 6 | Punjab National Bank Public Sector Bank | PNB | ₹122.42 | +1.20% | ₹141K Cr | 6.4x | |
| 7 | Bank of Baroda Public Sector Bank | BANKBARODA | ₹245.37 | +0.85% | ₹127K Cr | 7.0x | |
| 8 | The Federal Bank Limited Private Sector Bank | FEDERALBNK | ₹335.20 | +0.43% | ₹83K Cr | 17.6x | |
| 9 | AU Small Finance Bank Limited Other Bank | AUBANK | ₹904.35 | +2.77% | ₹68K Cr | 21.5x | |
| 10 | IndusInd Bank Limited Private Sector Bank | INDUSINDBK | ₹865.15 | +0.98% | ₹67K Cr | 22.5x | |
| 11 | IDFC First Bank Limited Private Sector Bank | IDFCFIRSTB | ₹74.73 | +2.09% | ₹64K Cr | 21.6x | |
| 12 | Bandhan Bank Limited Private Sector Bank | BANDHANBNK | ₹157.86 | +0.68% | ₹25K Cr | 18.8x |
Frequently Asked Questions
Why is Nifty Bank so closely watched by traders and investors?
Because banks sit at the centre of economic transmission. Their performance often reflects credit demand, asset quality, liquidity conditions, and broader market confidence.
Should investors compare bank stocks on PE alone?
No. Banks require a different analytical lens including ROA, ROE, CASA ratio, net interest margin, asset quality metrics (GNPA, NNPA), credit cost, and valuation relative to book value.
What is the difference between private sector banks and PSU banks in India?
Private sector banks typically show higher ROA, ROE, and CASA ratios with more aggressive credit growth. PSU banks trade at lower multiples, often with higher dividend yields, but carry legacy asset quality and governance concerns.
How many stocks are in the Nifty Bank index?
The Nifty Bank Index comprises 12 of the most liquid and large-capitalised banking stocks listed on NSE, rebalanced semi-annually.