5/June/2024. BankNifty up by 2100 points. But Bank bees is down by 1 point

[Santhosh9]

Bank Nifty up by 2100 points but Bank Bees down by 1 point. Same is the cas with Nifty. Can someone please explain ?

[askew]

Today NIFTY Index VS ETF Price change

Today I have noticed one thing the most popular etf price changes are not aligned with Index change . Am I missing anything . When the tracking error is negligible in ETF why they are not mimicking corresponding Index Sample data Here Nifty 50 Today change - 5 to 7 Percent down But Niftybees only down 2.9 Percent I am not able to understand why it is not mimicking the index performance . ( Nifty BeES, or Nifty Benchmark Exchange Traded Scheme, is an ETF that attempts to replicate the NSE Ni…