Bank Nifty vs FinNifty : Which is Better?

BankNifty Option or Finnifty  Trading 

Finnifty was launched recently at National Stock exchange (NSE) however it was not that successful because it had a lesser volume. however, now Fin Nifty volume is picking up but it is nowhere near Bank Nifty volume. If you have not heard of Finnifty then read till the end and your all doubts will get clarified do not forget to check our Finnifty tips which can be rewarding.

On its launch, we also started with the Finnifty Tips but we had to stop it because the volume was not sufficient in the segment to give the requisite movement in the index and we were only able to capture lesser profit as compared to the Bank Nifty option. If the aim is to make money then why worry whether you are making money with bank nifty or Finnifty as we want way to make easy money.

To cut the long story short Bank Nifty option trading gives much better rewards as compared to Fin Nifty trading.

We are giving complete details about Finnifty below so that those who are not conversant will be able to understand its composition. Finnifty also known as the Nifty Financial Services Index or just Nifty Financial Services, is just like Nifty 50, except that it focuses specifically on the stocks of financial institutions. Just like you can modify your search filter to specifically find the most popular tracks, the National Stock Exchange, in January this year, introduced the Finnifty. It is a collection of 20 stocks across banks, insurance companies, NBFCs, housing finance companies and other financial institutions or financial service companies. This is like Nifty 50 only as stocks are selected based on their free-float market capitalisation. You already know what that is right? That's the correct stock price multiplied by outstanding shares, jo hai shares on market.

The stocks listed on Finnifty are updated every six months, just like the Nifty 50.

Ab juicy section – which are the stocks that are listed on Finnifty:

· HDFC Bank

· HDFC Housing Finance

· ICICI Bank

· Kotak Bank

· Axis Bank

· Bajaj Finance

· SBI Bank

… wow clearly there are a lot of banks on this list! Carrying on…

· HDFC Insurance

· SBI Life Insurance

· ICICI Lombard General Insurance

… so lots of insurance companies too maybe?….

· Shriram Transport Finance

· ICICI Prudential Life Insurance

· Piramal Capital and Housing Finance

· Bajaj Holdings and Investments

· Cholamandalam Investment and Finance

· HDFC Asset Management Company

· Power Finance Corporation

· REC Ltd – they’re a finance company related to the power sector

· Mahindra and Mahindra Financial

Banks have the largest presence – over 60% – on the Finnifty Index. Housing finance companies ka almost 20% presence hai, NBFCs almost 10%, and balance have a little over 2% presence between them. 

So till the time FinNifty volume increases it is better to stick to Bank Nifty option and remember that we are the best Bank Nifty Option tips providers in India and you can get benefited with the daily Bank Nifty trading tip and be a part of a group which makes up to 30% or upward of profit on a daily basis. Do not forget to check our Bank Nifty No Loss Strategy on a daily basis.