288 companies priced · closes adjusted for splits and bonuses
By market value what the sector's combined value did; its largest companies dominate it
1 day
+0.2%
1 week
−2.1%
1 month
−5.2%
3 months
−4.0%
6 months
+6.0%
1 year
−3.0%
3 years
+29.9%
The median company what the company in the middle did
1 day
−0.0%
1 week
−1.3%
1 month
−3.9%
3 months
−3.3%
6 months
+12.7%
1 year
−7.0%
3 years
+29.4%
Breadth, to the close of 2026-09-25: 70 of 286 companies are higher than a month ago, 102 of 242 closed above their 200-session average, 4 at a 52-week high and 6 at a 52-week low; in the last session 133 rose and 148 fell. A wide gap between the two lines means a few large companies moved the sector.
Private Sector Bank as a map
a company's area is its market value · grouped by basic industry · tinted by price change
−3%+3%
Area is market value; the tint is the price change over the last session, full strength at 3% either way, and grey where we hold no price that far back. 20 companies. Click a company to open it.
How Nifty Bank is priced, against its own history
NSE's daily P/E, P/B and dividend yield for the index · 10 years
The same as a table, by year end
Month
P/E
P/B
Yield
Dec 2016
27.3
2.32
0.83%
Dec 2017
29.6
2.97
0.18%
Dec 2018
54.6
3.12
0.46%
Dec 2019
40.8
3.35
0.31%
Dec 2020
30.1
2.62
0.40%
Dec 2021
22.3
2.62
0.34%
Dec 2022
18.1
2.83
0.66%
Dec 2023
16.6
2.81
0.76%
Dec 2024
13.7
2.24
0.98%
Dec 2025
16.4
2.19
0.98%
Sept 2026
13.2
1.66
0.70%
Nifty Bank's own figures as NSE publishes them each day, Sept 2016 to Sept 2026 (2,478 sessions). The shaded band is where the middle half of those days sit, the dashed line their median. It says where the index has been priced, not where it should be: a multiple can be low because earnings are about to fall.
The sector's results, added up
from the companies' own quarterly filings
Revenue, added up
latest against a year before: +10.3%
Net profit, added up
latest against a year before: +23.5%
Q1 FY27 results
230 of 234 companies have filed · their profit together is +21.9% on the same quarter a year before (208 companies)
Added up over the 192 companies that filed every quarter shown, of the 244 whose filings we hold and the 288 in the sector; each on a consolidated basis where it files one. For banks, revenue is total income. A sum is dominated by its largest companies, and says nothing about one that is not in it.
Who owns it
from the companies' quarterly shareholding patterns · weighted by market value
Promoters
42.4%+0.24 pp
Foreign institutions
20.2%−0.52 pp
Domestic institutionsof which mutual funds 15.3% (+0.44 pp)
From the shareholding patterns filed for the quarter to Jun 2026, against Mar 2026, by the 242 of 288 companies whose filings for both we hold (98% of the sector's market value), each weighted by its market value. Mutual funds and insurers are part of domestic institutions. Foreign institutions leaves out the shares a depository holds behind ADRs and GDRs, which companies file under a different head from one quarter to the next; those sit in “public and others”. “pp” is percentage points of the company's shares. A holder's share also moves when a company issues or buys back shares; these are the filed figures, not a reading of anyone's intent.
Closes are end-of-day, adjusted for splits and bonuses. P/E and ROE come from the last four quarters of filings, for the companies whose filings we hold. A company's sector is the one the exchanges classify it in; these are facts about the companies, not a view on the sector.
