BSE INDEX BANKEX (BANKEX) live share price today at BSE

The BSE Bankex represents the performance of the banking sector and forms a part of the BSE 500 Index, reflecting the banking sector. The definition for classifying the banking sector is based on the industry system. The total capitalisation of the banking sector, which is represented in the BSE 500 Index, shall be more than 90%. The launch date of the BSE Bankex is 25th June 2003, and it is used to analyse the behaviour of the banking sector. The Banking sector plays a crucial role in the Indian Economy, and contributes the highest part to the Indian Economy. The BSE Bankex helps to provide a deep vision towards the banking sector.

The constituents of the banking sector involved in the BSE Bankex shall not exceed 10. The BSE Bankex analyses the top 10 banking sector, and the basis for the ranking of the BSE Bankex is based on the modified market capitalisation weighted method. The capping criteria for the BSE Bankex shall not exceed 22%, and the maximum weightage of the BSE Bankex shall not exceed this limit. The calculation for the BSE Bankex shall be based on the free-float market capitalisation.

The base year of the BSE Bankex was 1st January 2022, with a value of 1000, and the reviewing criteria of the BSE Bankex are semi-annually in the months of June and December. The frequency for reviewing the BSE Bankex is once a year. 

• The full market capitalisation of the BSE Bankex is ₹4,320,680.21 crore, and the free-float market capitalisation is ₹3,559,887.18 crore.
• The P/E Ratio of the BSE Bankex is 15.18, the P/B Ratio is 2.63, and the dividend yield is 0.86.
• The BSE Bankex analyses the top 10 banking sector, and the basis for the ranking of the BSE Bankex is based on the modified market capitalisation weighted method. 
• The capping criteria for the BSE Bankex shall not exceed 22%, and the maximum weightage of the BSE Bankex shall not exceed this limit.

• The calculation of the BSE Bankex is based on the modified market capitalisation weighted method. The stocks which have the highest market capitalisation shall be added as top constituents in the BSE Bankex.
• The rebalancing criteria for the BSE Bankex are based on the semi-annual and shall be rebalanced in the months of June and December.   
• The constituents must form a part of the BSE 500, and the stocks must be listed on the Bombay Stock Exchange.
• Companies included in the BSE Bankex must have been eligible for the BSE AllCap in the last six months.
• The trading frequency of the stocks shall not be less than 80% of the last trading sessions.
• The value of the average trading of the companies shall not be more than ₹1 billion.
• The listing history of the BSE Bankex shall not be less than 3 months, and there is an exception for the newly listed company to fulfil the criteria, but it has to involve in the top 10 list of the BSE Index.

The method for calculating the BSE Bankex shall be based on a modified weighted approach, with the weight of each stock capped at 22%, to reflect the impact of a single stock on the BSE Bankex. The BSE Bankex helps to analyse the banking sector in the index, to help investors track the movements of the market. The capping rate shall be applicable to the BSE Bankex if the calculation is based on the free-float market capitalisation. If the weight of one constituent is high, then it proportionally divides among the less weighted stocks.  

• The BSE Bankex represents the major large-cap and liquid banking stocks, which helps to provide a strong picture of the banking sector.
• The banking sector plays a crucial role in the Indian Economy, and has a broad scope of high returns and profitability in the near future.
• The BSE Bankex reflects the financial health, growth, and policy which impact the banking industry, making it a good indicator for the analysis of banking sector trends.  

• The rules and regulations may impact the BSE Bankex, because the changes in the prices, bank rates, and interest rates may highly influence the banking sector.
• The banking sector is highly dependent on economic growth, inflation, and monetary policy; any slowdown in the economic trends may influence the overall banking sector.
• Public sector banks, which may form part of the index, are impacted by the government decisions and social lending mandates, and may not always correlate with the level of profitability.   

There are various methods for investing in BSE Bankex stocks. The investor may choose a broker who helps them select high-potential stocks in the banking sector. As we know, the banking sector is constantly innovating and growing at a high level, which allows investors to grow and increase profitability in the long term. The Bankex Stocks offer a diversified portfolio to investors, enabling them to select the most reliable stocks for the long term. 

Investors seeking a passive approach should consider investing in the BSE Bankex. The proportion of each sector in the BSE Bankex is equal, providing balance to the BSE Economic Sector.  

The most suitable way to invest in the BSE Bankex Index is through mutual funds and ETFs, which is also a reliable method for investing in the diversified basic materials sector. Investing can be done through trading in the Futures and Options of the Banking sector, which also provides long-term growth and stability.

The BSE Bankex represents the performance of the banking sector and forms a part of the BSE 500 Index, reflecting the banking sector. The definition for classifying the banking sector is based on the industry system. The BSE Bankex analyses the top 10 banking sector, and the basis for the ranking of the BSE Bankex is based on the modified market capitalisation weighted method. The capping criteria for the BSE Bankex shall not exceed 22%, and the maximum weightage of the BSE Bankex shall not exceed this limit. The calculation for the BSE Bankex shall be based on the free-float market capitalisation.

The calculation of the BSE Bankex is based on the modified market capitalisation weighted method. The stocks which have the highest market capitalisation shall be added as top constituents in the BSE Bankex. The capping rate shall be applicable to the BSE Bankex if the calculation is based on the free-float market capitalisation. If the weight of one constituent is high, then it proportionally divides among the less weighted stocks.