Bank Nifty index is the index traded on NSE based on the prices of 12 banks, below are the stocks along with their weightage, this weight can help us in identifying what would be the direction (Up trend or Down trend) of index if the major banking stocks like SBIN, HDFC BANK or ICICI BANK moves.
In the above list first 5 stocks has the highest weight in bank nifty index, so most of the time trend of these five must be considered as trend of bank nifty index.
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