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Nifty Bank
The Nifty Bank index tracks the most liquid and largest Indian bank stocks. Because banks are sensitive to interest rates and economic growth, the index often moves sharply around RBI decisions.
Why It Matters
Bank Nifty is also one of the most heavily traded indices in the derivatives market.
In India
HDFC Bank, ICICI Bank and State Bank of India carry the largest weights in the index.
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