📙 Table of Contents 📘
  1. ⚖️ Weightings Pie Chart 🥧
  2. ⚖️ Weightings Table 📋
  3. Importance
  4. 📝 References 📃
  5. 📘 Bibliography 📗

🏦 Bank Nifty Weightings ⚖️ as of 31 Jan 2021

Beautiful 📊 Graphical Depiction 🏅 of the 🏛️ Nifty Bank 🏦 Index (BANKNIFTY or NIFTYBANK) Weightings as of 31st January 2021.

by Charles Adams

1) ⚖️ Weightings Pie Chart 🥧

The following pie chart depicts the weights of the Bank Nifty index as of 31st January 2021 [1].

2) ⚖️ Weightings Table 📋

Bank Weighting %
HDFC Bank 26.89
ICICI Bank 20.01
Axis Bank 16.59
Kotak Mahindra Bank 13.55
SBI 10.93
IndusInd Bank 4.85
Bandhan Bank 2.11
Federal Bank 1.46
IDFC First Bank 1.00
RBL Bank 0.97
Others 1.59

3) Importance of Sector Weightings

These sector weightings assume great importance in light of our proprietary AssetCharts Sectoral Breakout methodology of trading. The weightings of the top three banks in the banking index determine their position in the AssetCharts Banking Quad Chart-Set.

📝 References 📃

  1. ^ NSE Indices, Nifty Bank Factsheet, p.1.

📘 Bibliography 📗

Book Cover of Nifty Bank Factsheet by NSE Indices Ltd NSE Indices Ltd. 'Nifty Bank Factsheet'. Mumbai (Maharashtra): NSE Indices Ltd, 29 Jan. 2021. 2pp. https://www.niftyindices.com/Factsheet/ind_nifty_bank.pdf .

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