Nifty PSU Bank Stocks List & Weightage and Share Price : Nifty PSU Bank Weightage Stocks List 2024 | Nifty PSU Bank Weightage 2024 | Nifty PSU Bank Weightage NSE| Weightage of Stocks in Nifty PSU bank | bank nifty weightage shares | Nifty Bank Weightage List
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Along with information about Nifty PSU Bank weightage, you are going to get many other important information about Nifty PSU Bank.
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Nifty PSU Bank Stocks List & Weightage (Nifty PSU Bank Weightage )
We are Providing you the Nifty PSU Bank Weightage list below with Company name and Weightages Percent.
| No. | Company Name | weightage 2024 |
| 1 | SBIN ( State bank of India ) | 25.87 % |
| 2 | Bank of Baroda | 18.67 % |
| 3 | PNB ( Punjab National Bank ) | 13.34 % |
| 4 | Canbk ( Canara Bank Ltd ) | 11.61 % |
| 5 | Bankindia ( Bank Of India ) | 5.7 % |
| 6 | Mahabank ( Bank of Maharashtra ) | 3.28 % |
| 7 | Union Bank | 8.07 % |
| 8 | India Bank | 7.63 % |
| 9 | IOB ( Indian Overseas Bank ) | 1.93 % |
| 10 | Uco Bank | 1.61 % |
| 11 | Central Bank of India | 1.86 % |
| 12 | PSB ( Punjab & Sind Bank ) | 0.43 % |
What is Nifty PSU Bank?
First of all we know about the Nifty PSU Bank in Simple word
The Nifty PSU Bank Index is an index that consists of the top 12 public sector banks in India.
It is calculated based on their market cap and the number of freely tradable shares.
This index is specifically created to track the performance of these government-owned banks.
It is updated in real-time and undergoes a comprehensive review every six months to ensure its accuracy and relevance.
Nifty PSU Bank List 2024
12 Banks have been Included In Nifty PSU Bank these banks name list is below given.
| Number | Bank Name |
| 1 | SBIN ( State bank of India ) |
| 2 | Bank of Baroda |
| 3 | PNB ( Punjab National Bank ) |
| 4 | Canbk ( Canara Bank Ltd ) |
| 5 | Bankindia ( Bank Of India ) |
| 6 | Mahabank ( Bank of Maharashtra ) |
| 7 | Union Bank |
| 8 | India Bank |
| 9 | IOB ( Indian Overseas Bank ) |
| 10 | Uco Bank |
| 11 | Central Bank of India |
| 12 | PSB ( Punjab & Sind Bank ) |
Nifty PSU Bank List With Share Price And Weightage
We are giving you the details of the list of Nifty PSU Bank below, in which along with the weightage, you are also being given information about the stock price.
| No. | Company Name | weightage 2024 | Stock Price |
| 1 | SBIN (State bank of India) | 25.87 % | 598 रु |
| 2 | Bank of Baroda | 18.67 % | 215 रु |
| 3 | PNB (Punjab National Bank) | 13.34 % | 77 रु |
| 4 | Canbk (Canara Bank Ltd) | 11.61 % | 383 रु |
| 5 | Bankindia (Bank Of India) | 5.7 % | 109 रु |
| 6 | Mahabank ( Bank of Maharashtra ) | 3.28 % | 46 रु |
| 7 | Union Bank | 8.07 % | 102 रु |
| 8 | India Bank | 7.63 % | 421 रु |
| 9 | IOB (Indian Overseas Bank) | 1.93 % | 43 रु |
| 10 | Uco Bank | 1.61 % | 43 रु |
| 11 | Central Bank of India | 1.86 % | 50 रु |
| 12 | PSB (Punjab & Sind Bank) | 0.43 % | 46 रु |
Nifty PSU Bank Index Performance
In recent times, Nifty PSU Bank stocks have performed very well and have given very good returns to their investors compared to other indices.
The performance of Nifty PSU Bank Index is as follows.
Nifty PSU Bank Index Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. Of Constituents | 12 |
| Nifty PSU Bank Launch Date | August 30, 2004 |
| Base Date | January 01, 2004 |
| Base Value | 1000 |
| Calculation Frequency | Real – Time |
| Index Rebalancing | Semi- Annually |
Top Constituents by Weightage
| Company Name | Weight % |
| State Bank of India | 26.33 |
| Bank of Baroda | 18.69 |
| Punjab National Bank | 13.25 |
| Canara Bank | 11.54 |
| Union Bank of India | 8.21 |
| Indian Bank | 7.76 |
| Bank of India | 5.50 |
| Bank of Maharashtra | 3.16 |
| Indian overseas Bank | 1.90 |
| Central Bank of India | 1.74 |
Nifty PSU Index Stocks Fundamentals
| P/E ( Price To Earning ) | P/B | Dividend Yield |
| 7.03 | 1.06 | 2.35 |
Nifty PSU Index Return
| Ind. Return | Qtd | Ytd | 1 Year | 5 Years | Since Ince. |
| Price Return | 8.69 | 3.44 | 48.74 | 6.14 | 7.90 |
| Total Return | 8.69 | 4.21 | 49.84 | 6.86 | 9.54 |
| Statistics | 1 Year | 5 Year | Since Inception |
| Std. Deviation | 27.38 | 34.11 | 35.23 |
| Beta ( Nifty 50 ) | 1.43 | 1.16 | 1.15 |
| Correlation ( Nifty 50 ) | 0.58 | 0.66 | 0.72 |
1 Year Performance of Nifty PSU Comparison of Other Sector Indices
Nifty PSU Bank Weightage Related FAQs:
Are there any PSU Bank Index ETF
Kotak Nifty PSU Bank ETF AND ICICI Prudential Nifty PSU Bank ETF AND Nippon India ETF Nifty PSU Bank BeES.
What is the PE ratio of Nifty PSU Bank?
अभी के टाइम में Nifty PSU Bank का PE 7 है.
What is the market cap of Nifty PSU Bank?
Nifty PSU Bank का मार्केट कैप 1,211,815.78 Cr. है (as of 26.09.2024 ) जो मार्केट के साथ साथ कम ज्यादा होते रहता है.
What is the full meaning of PSU?
The full meaning of PSU is Public Sector Undertaking. Companies predominantly owned by the government are referred to as PSU (Public Sector Undertaking) companies.
How many stocks are included in the Nifty PSU Bank Index?
A total of 12 stocks are included in the Nifty PSU Bank Index, the list of which is given above at the beginning of this article.
Which stock has the highest weightage in Nifty PSU Bank Index?
The State Bank of India (SBIN) holds the largest share in the index, comprising 26.33% of its total weight.
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