NIFTY Bank (NIFTYBK) index — level and chart
The NIFTYBK index: level 57,499.8, 24h change +0.20%. A calculated value over a basket of shares, not a single stock.
What this is
Market indexNIFTY Bank — an Indian sector index of the country's largest banks, about a dozen names led by HDFC and ICICI. It moves noticeably more sharply than the broad NIFTY 50, because banks are the first to reflect central-bank rate decisions and the quality of the loan book. What this shows: the gap between this index and the broad market is a handy gauge of what the market expects from rates, and professionals read it as a separate signal. The index is quoted in points; here it trades as a perpetual contract on BingX around the clock, while the Mumbai exchange itself is open only a few hours.
Chart
Chart built from data of BingX
What the data shows
NIFTYBK trades at 57,499.8, +0.20% over 24 hours. We do not have a year of history for this coin yet.
Over the day +0.20%, over the hour +0.26%, over the last five minutes +0.05% — the move has only just started.
Traded on a single venue — BingX. There is nothing to cross-check the price against, so a drift from the wider market would go unseen.
This is a contract on a stock. It trades around the clock, while the share itself trades only during its exchange hours: overnight and at weekends the price is held by expectation, not by trades in the stock.
24-hour turnover is $6.2M.
The daily range is 0.8% and five-minute NATR is 0.12%.
By turnover it ranks 484 of 1925 instruments in the screener.
By daily range it ranks 1824 of 1925.
NATR is 0.06% on the minute and 0.31% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
KairoRight now NIFTYBK is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — market index. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.