The NIFTY Private Bank Index (NIFTY Pvt Bank) is a stock market index that tracks the performance of private sector banks listed on the National Stock Exchange (NSE). It provides investors with a benchmark to gauge the performance of India’s leading privately owned banks.

The NIFTY Private Bank Index aims to represent the private banking sector in India by including the top private banks based on their market capitalization and trading volume.

The index consists of 10 private sector banks, selected based on free-float market capitalization and liquidity criteria.

The NIFTY Private Bank Index follows a free-float market capitalization-weighted methodology, meaning that larger banks with more publicly traded shares have a greater influence on the index’s movement.

The NIFTY Private Bank Index is reviewed semi-annually (twice a year) to ensure that it accurately represents the private banking sector.

You can buy NIFTY Private Bank shares using the Navia App. Open a Free Demat account and add the scrip to the watchlist. Select buy and enter the bid quantity to buy the stock.

The share price of any stock is volatile and keeps changing throughout the day due to various factors. NIFTY Private Bank share price is “₹23974.45” as of “Thu, 13 Mar.”

NIFTY Private Bank today's high is 24085.10 and today's low is 23965.80.