The Bank Nifty index is a collection of primarily liquid and very well banking industry stocks. The chosen shares are then traded on the National Stock Exchange.
The 12 biggest and most liquid banking stocks make up the Bank Nifty index. Having been introduced in 2009, this index is now actively traded on the stock market, with many traders concentrating solely on Bank Nifty. The importance of Bank Nifty is that it gives investors a benchmark for the market performance of the Indian banking sector.
You can trade the Nifty or stock options during intraday trading. Most traders start a position in the morning and close it in the afternoon.
