Nifty Financial Services stocks list
NSESector20 companies
- P/EPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it. Price to earnings of an index: how it is worked out
- 14.73
- P/BPrice to book of an index. The index's P/B as the exchange publishes it: its members' market value divided by their net worth, the assets they own less everything they owe.
- 2.28
- Dividend yieldDividend yield of an index. The index's dividend yield as the exchange publishes it: dividends its members paid over the last twelve months as a percentage of their market value.
- 1.02%
- 1MOne-month return of an index. The latest close against the close a month earlier, on the same date or the last trading day before it, as a percentage. One-month return of an index in the glossary
- +0.23%
- 3MThree-month return of an index. The latest close against the close three months earlier, on the same date or the last trading day before it, as a percentage. Three-month return of an index in the glossary
- −6.02%
- 1YOne-year return of an index. The latest close against the close a year earlier, on the same date or the last trading day before it, as a percentage. One-year return of an index in the glossary
- −10.45%
P/E against its own past
Where today's P/E sits among every trading day of each window: the dot is today, the tick the middle day.
At or below today's level on 0.2% of 2,479 trading days over the last 10 years.
At or below today's level on 0.4% of 1,239 trading days over the last 5 years.
At or below today's level on 1% of 744 trading days over the last 3 years.
At or below today's level on 2% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 29 Oct 2026
What the Nifty Financial Services companies earned
Revenue against the same quarter a year earlier, over today's members that filed both; profit after tax added up over the members that filed the quarter. A quarter fewer than 60% of them filed is left out, and the newest is added once nearly as many have filed it as the one before.
- Revenue growthRevenue growth, against a year earlier. Revenue of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 20 companies that filed both.
- +8.5%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 20 companies that filed it; a loss counts as negative.
- ₹1,13,541 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 20 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 20of 20
- Median ROCEMedian return on capital employed. The middle figure of the 3 companies' ROCE for the year to Mar 2026, half above and half below. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- 2.5%year to Mar 2026
Revenue against the same quarter a year earlier, per cent
Profit after tax, ₹ crore, added up over the companies that filed
The largest companies
The 12 largest companies in the Nifty Financial Services, each sized by its market cap.
Market cap, ₹ crore
- HDFC Bank₹10,53,553 Cr
- ICICI Bank₹9,95,405 Cr
- State Bank of India₹8,97,138 Cr
- Bajaj Finance₹5,84,555 Cr
- Kotak Mahindra Bank₹4,56,608 Cr
- Axis Bank₹3,81,427 Cr
- Bajaj Finserv₹2,67,224 Cr
- Shriram Finance₹1,97,915 Cr
- SBI Life Insurance Company₹1,65,763 Cr
- BSE₹1,42,841 Cr
- Cholamandalam Investment and Finance Company₹1,37,562 Cr
- Jio Financial Services₹1,36,685 Cr
Companies in the Nifty Financial Services
Largest first, by market cap.Financial Services sector
HDFC BankHDFCBANK · Banks₹683.30−0.29%₹10,53,553 Cr13.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.90%−32.2%
ICICI BankICICIBANK · Banks₹1,386.60+0.65%₹9,95,405 Cr16.90Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.87%+1.2%
State Bank of IndiaSBIN · Banks₹971.90+1.58%₹8,97,138 Cr10.40Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.79%+3.4%
Bajaj FinanceBAJFINANCE · Finance₹938.90+2.36%₹5,84,555 Cr26.90Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.64%−11.7%
Kotak Mahindra BankKOTAKBANK · Banks₹459.00+4.32%₹4,56,608 Cr21.30Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.14%+6.7%
Axis BankAXISBANK · Banks₹1,225.00+0.41%₹3,81,427 Cr12.70Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.08%−1.9%
Bajaj FinservBAJAJFINSV · Finance₹1,668.00+0.94%₹2,67,224 Cr26.30Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.09%−21.9%
Shriram FinanceSHRIRAMFIN · Finance₹841.10+1.03%₹1,97,915 Cr15.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.49%+13.9%
SBI Life Insurance CompanySBILIFE · Insurance₹1,652.00−0.88%₹1,65,763 Cr62.40Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.16%−16.2%
Cholamandalam Investment and Finance CompanyCHOLAFIN · Finance₹1,604.20+3.82%₹1,37,562 Cr22.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.12%−6.2%
HDFC Life Insurance CompanyHDFCLIFE · Insurance₹517.00+0.56%₹1,12,323 Cr54.80Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.41%−32.1%
Power Finance CorporationPFC · Finance₹320.60+1.33%₹1,05,801 Cr4.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.5.85%−21.6%
Muthoot FinanceMUTHOOTFIN · Finance₹2,497.10+4.36%₹1,00,251 Cr8.80Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.20%−21.6%
ICICI Lombard General Insurance CompanyICICIGI · Insurance₹1,572.90−0.69%₹78,584 Cr30.80Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.89%−22.5%
RECRECLTD · Finance₹296.15+2.12%₹77,983 Cr5.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.4.59%−23.2%
SBI Cards and Payment ServicesSBICARD · Finance₹540.00+2.36%₹51,389 Cr19.70Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.46%−40.7%
LIC Housing FinanceLICHSGFIN · Finance₹514.00+0.75%₹28,273 Cr4.90Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.95%−13.4%
Funds that follow the Nifty Financial Services
2 index funds and ETFs track the Nifty Financial Services; 26 other funds use it as their benchmark.
Mirae Asset Nifty Financial Services ETFETF · Mirae Asset Mutual FundNAV₹25.29101Y−11.06%3Y+9.17%5Y+5.35%Size₹401 CrCost0.20%
Tata Nifty Financial Services Index FundIndex Fund · Tata Mutual FundNAV₹11.43951Y−11.46%3Y–5Y–Size₹74 CrCost0.58%
About the Nifty Financial Services
Nifty Financial Services Index is made up of 20 stocks listed on the National Stock Exchange that reflect the Indian financial market: banks, financial institutions, housing finance, insurance companies and other financial services companies. It is maintained by NSE Indices Limited.
How companies are chosen
Constituents of the Nifty 500 that represent financial services are eligible. The index groups them into six subsectors: banking, financial institutions, housing finance, non-banking financial companies (NBFC), insurance and other financial services.
Each subsector's weight is worked out from the average free float market capitalization of its companies, and companies are then picked in each subsector so that their weight closely matches it.
A company is included if its average free-float market capitalization is at least 1.5 times that of the smallest index constituent, and the index holds a maximum of 20 stocks. Within a subsector, preference goes to companies available for trading in NSE's Futures & Options segment.
How it is weighted
The index is computed using the free float market capitalization method. The top 3 stock weights are capped at 19%, 14% and 10%. Stocks that are not in the Futures & Options segment are each capped at 4.5%, and together at 10%. Capping is realigned quarterly, on the last trading day of Mar, Jun, Sep and Dec.
Nifty Financial Services 25/50 is a capped variant: no stock may exceed 25% and stocks above 5% together may not exceed 50%.
When it is reviewed
The index is rebalanced every six months, with cut-off dates of 31 Jan and 31 Jul. Average data for the six months ending the cut-off date is used, and the market gets four weeks' notice of changes.
Base date and value
The index has a base date of 1 Jan 2004 and a base value of 1000. It was launched on 7 Sep 2011.
- Published by
- NSE
- Kind
- Sector
- CompaniesCompanies in an index. How many companies the index holds on its current list, which the exchange revises from time to time. Companies in an index in the glossary
- 20
- List last changed
- 8 Sep 2026
- Above 200-day averageMembers above their 200-day average. The share of the index's members whose latest close is above their own average close of the last 200 trading days; members listed too recently to have one are left out. Members above their 200-day average in the glossary
- 3 of 20
Sector indices
Others in this group, the most used as a fund's benchmark first.All
Nifty Bank14 companiesP/E 12.28
Nifty IT10 companiesP/E 19.53- BSE Healthcare139 companiesP/E 44.14
Nifty Private Bank10 companiesP/E 15.56
Nifty Energy40 companiesP/E 13.91
Nifty Healthcare Index20 companiesP/E 43.17
Nifty Metal15 companiesP/E 14.97- Nifty PSU Bank12 companiesP/E 7.29
Nifty Auto15 companiesP/E 29.67- BSE Top 10 Banks10 companiesP/E 14.06