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 | ₹735.00 | -0.94% | ₹1256K Cr | 16.6x | 38 |
| 2 | ICICI Bank Ltd Private Sector Bank | ICICIBANK | ₹1450.10 | -0.31% | ₹1016K Cr | 18.7x | |
| 3 | State Bank of India Public Sector Bank | SBIN | ₹1055.00 | +1.18% | ₹951K Cr | 11.4x | |
| 4 | Axis Bank Ltd Private Sector Bank | AXISBANK | ₹1253.90 | -0.63% | ₹408K Cr | 15.5x | |
| 5 | Kotak Mahindra Bank Ltd Private Sector Bank | KOTAKBANK | ₹400.00 | +0.50% | ₹376K Cr | 19.5x | |
| 6 | Bank of Baroda Public Sector Bank | BANKBARODA | ₹245.60 | +0.24% | ₹128K Cr | 6.5x | |
| 7 | Punjab National Bank Public Sector Bank | PNB | ₹113.55 | -0.39% | ₹122K Cr | 6.6x | |
| 8 | Federal Bank Ltd Private Sector Bank | FEDERALBNK | ₹356.45 | -1.66% | ₹81K Cr | 18.6x | |
| 9 | IndusInd Bank Ltd Private Sector Bank | INDUSINDBK | ₹1019.00 | -0.68% | ₹79K Cr | 88.5x | |
| 10 | AU Small Finance Bank Ltd Other Bank | AUBANK | ₹1051.30 | -0.73% | ₹78K Cr | 29.5x | |
| 11 | IDFC First Bank Ltd Private Sector Bank | IDFCFIRSTB | ₹85.30 | -0.81% | ₹68K Cr | 41.8x | |
| 12 | Bandhan Bank Ltd Private Sector Bank | BANDHANBNK | ₹170.46 | -1.81% | ₹35K Cr | 28.5x |
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.