List of NIFTY Finance Stocks 

The Nifty finance index shows the performance of the Indian financial segments which includes banks, financial institutions, housing finance companies, insurance companies and other financial services companies.

The Nifty Finance index comprises of 20 stocks that are listed on the National Stock Exchange (NSE)

The index is calculated using a free float market capitalization method.

To filter the best quality stocks from the Nifty finance index, check out Equitymaster's Indian stock screener. This screener also allows you to screen stocks based on your own criteria.

Also take a look at our detailed analysis of the best finance stocks in India.

Based on marketcap, these are the top 5 companies in the Nifty finance index:

• #1 HDFC BANK
• #2 ICICI BANK
• #3 HDFC
• #4 SBI
• #5 KOTAK MAHINDRA BANK

You can see the full list of the Nifty finance stocks here.

And for a fundamental analysis of the above companies, check out Equitymaster's Indian stock screener which has a separate screen for best fintech companies in India.

The NIFTY FINANCE last traded at 18,058.7. It was up 1.5% over its previous close.

Within the NIFTY Finance Index, the top gainers were ICICI BANK (up 3.1%) and SHRIRAM TRANSPORT FINANCE CO. NCD 0STFC16 (up 3.0%). On the other hand, ICICI LOMBARD GENERAL INSURANCE (down 0.5%) and BAJAJ FINANCE (down 0.2%) were among the top losers.

For more, please visit the Nifty finance index live chart and also check out our finance sector report.

Since finance stocks interest you, also take a look at our detailed analysis of the best banking stocks in India.

You can buy the Nifty financial services index by purchasing the future and option (F&O) contracts including monthly or weekly options of Nifty financial services index.

Alternatively, one can also invest in index funds or ETFs representing the index.

Well, it depends on what your goals are.

Having said that, the two key indices to track are the BSE Sensex which contains the list of BSE 30 stocks and the NSE Nifty which contains the list of NSE 50 stocks.

However, these two indices are considered to be too narrow by some, since they only track 30 and 50 stocks, respectively.

For broader tracking, you could use the BSE 200, BSE 500 or even the NSE 500 index.

Some popular market cap based indices include BSE Smallcap index and BSE Midcap index, among others.

It depends on one's specific interests and investment goals.

Some popular sectoral indices to track in addition to the broader market indices are Nifty IT index, Nifty pharma index, Nifty metal index and Nifty FMCG index.

It's important to research and understand the industries and companies included in each sectoral index to make informed investment decisions.