Nifty Financial Services: relative strength and momentum
Sector. Compared with Nifty 500 TRI.
As of 2026-10-23, Nifty Financial Services has an ArthaNiti relative-strength score of 54 out of 100 (neutral) against Nifty 500 TRI, in the Pulling ahead phase (gaining on the benchmark, and faster); the score moved +10 points in four weeks. Returns use ETF NAV.
1 week−3.9%
1 month−2.2%
3 months−6.1%
6 months−4.2%
1 year−7.5%
3 years, a year+9.5%
5 years, a year+6.1%
Volatility, 1 year17.3%
Worst fall, 1 year−17.3%
Above 200-day averageNo
What is inside Nifty Financial Services: holdings and weights
Nifty Financial Services holds 20 stocks; the top 10 make up 86% of the index. 10% of its stocks trade above their 200-day average.
- 2 of 20 stocks (10%) are above their 200-day average — weak participation.
- Top 10 stocks are 86% of the index; half the weight sits in 4 stocks.
- Biggest 1-month driver: ICICI Bank Ltd. (+4.1%).
| Stock | Industry | Weight | 3 months | Momentum score |
|---|---|---|---|---|
| HDFCBANK HDFC Bank Ltd. | Financial Services | 18.63% | −7.3% | 26 |
| ICICIBANK ICICI Bank Ltd. | Financial Services | 14.20% | −2.8% | 66 |
| AXISBANK Axis Bank Ltd. | Financial Services | 10.18% | −0.4% | 57 |
| KOTAKBANK Kotak Mahindra Bank Ltd. | Financial Services | 10.11% | +12.3% | 78 |
| SBIN State Bank of India | Financial Services | 9.94% | −5.3% | 58 |
| BAJFINANCE Bajaj Finance Ltd. | Financial Services | 8.62% | −10.7% | 51 |
| SHRIRAMFIN Shriram Finance Ltd. | Financial Services | 4.53% | −15.7% | 52 |
| BSE BSE Ltd. | Financial Services | 4.16% | −9.7% | 62 |
| BAJAJFINSV Bajaj Finserv Ltd. | Financial Services | 3.31% | −12.4% | 36 |
| SBILIFE SBI Life Insurance Company Ltd. | Financial Services | 2.51% | −11.5% | 40 |
ETFs that track Nifty Financial Services
| ETF | NSE symbol | Expense ratio | Tracking diff, 1 yr | AUM |
|---|---|---|---|---|
| Mirae Asset Nifty Financial Services ETF | BFSI | 0.20% | -0.18% | ₹369 Cr |
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