Bank nifty contribution points calculation

General
1

any one know how to calculate
contribution points of bank nifty

	                     NIFTY BAN K	728.5

HDFC 414.3 FEDERAL BANK 6.8
KOTAK 142.8 RBL BANK 6.4
INDUSIND 112.3 PNB 5.1
AXIS 31.3 BANK OF BARODA 3.7
OTHERS 36.4 OTHERS 0.8
MOVERS 737.1 DRAGGERS 22.8

MAY 31ST DATA

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2

Even I want to how to calculate weights. I hope somebody explains in a easy way.

3

Weightage is as per their free float market cap

4

@ratnam

Sure. If you are really interested in the calculation - https://www.nseindia.com/products/content/equities/indices/invest_w_fac.htm

Pretty much self explanatory but you have to really dig up for those values on each stock. So, if you end up giving up after 30 minutes - :wink:

Check the following links with top constituents for -

NIFTY - https://www.nseindia.com/content/indices/ind_nifty50.pdf
BANKNIFTY - https://www.nseindia.com/content/indices/ind_nifty_bank.pdf

1 Like
5

I am not finding market cap numbers. I think I have to read the balance sheets.
Thanks for those links btw.

6

screener.in

2 Likes
7

i know this … i am asking calcultion prodecure

for example

in my earlier post

HDFC IS CONTRIBUTING 414.30 POINTS OUT OF 728
KOTAK 142.8/728

I WANT TO KNOW THE CALCULATION PROCEDURE
I,E WHICH FIGURES TO TAKE…MATHEMATICAL STEPS…I CAN CALCULATE
EVEN COMPLICATED CALCULATIONS…I HAVE KNOWLEDGE OF EXCEL…
JUST NEED PROCEDURE…

https://www.moneycontrol.com/stocks/marketstats/indcontrib.php?optex=NSE&opttopic=indcontrib

THIS FOR NIFTY…BUT IN THE SAME SITE …THIS TYPE OF OPTION IS NOT GIVEN FOR BANK NIFTY…IF ANY ONE KNOW ANY CHANNEL OR GROUP WHO ARE INTERESTED IN THIS TYPE OF KNOWLEDGE PL FORWARD I CHECK…
THK U

8

There is no complex procedure involved herein to calculate contribution once you have the weightage. That link just says that in the overall NIFTY movement what was the contribution of individual constituents of the index - May be plus and minus depending upon their today’s movement. So the formula will be -

Contribution1 = Weightage1 * (Percent Move of Constituent1)
Contribution2 = Weightage2 * (Percent Move of Constituent2)
…
…
ContributionN = WeightageN * (Percent Move of ConstituentN)

And if you do -
Contribution1+Contribution2 … ContributionN = Total Move of the Index Today.

In your example it is equivalent to -
HDFC(414.3) + KOTAK(142.8) … STOCKN(XYZ) = 728

Key is to find the weightage. Hope this helps.

1 Like
9

thks for ur response …ii like to discuss about this …till solvation.

pl send any personal email or group link so that i can chat …

my emailid : [email protected]
telegram : ratnam