Nifty Financial Services Index Rises 0.39% As REC Ltd, PFC Lead Gains

As of September 15, 2025, at 12:01 PM, the Nifty Financial Services Index stood at 26,465.75, up 102.50 points or 0.39%. The index reflects the performance of India’s financial sector, covering banks, housing finance, insurance companies, and other financial services firms.

Top Gainers and Losers

Among the top gainers, REC LTD rose 1.66% to ₹379.50, followed by PFC up 1.62% at ₹402.10. Bajaj Finance gained 1.29% to ₹1,016.15, while SBI Card added 1.05% at ₹865.15 and LIC Housing Finance climbed 0.90% to ₹572.20.

On the other hand, Shriram Finance slipped 1.26% to ₹624.90, HDFC AMC fell 0.71% to ₹5,757.50, SBI Life dropped 0.66% to ₹1,818.20, while HDFC Life and Cholamandalam Finance also recorded minor losses.

Key Constituents by Weightage

The index is dominated by large banks and financial firms. HDFC Bank holds the highest weight at 32.88%, followed by ICICI Bank at 22.58%, State Bank of India at 7.13%, Axis Bank at 6.78%, and Kotak Mahindra Bank at 6.67%. Other key constituents include Bajaj Finance (5.40%), Bajaj Finserv (2.40%), Jio Financial Services (2.36%), HDFC Life (1.91%), and Shriram Finance (1.88%).

Returns and Risk Indicators

The index has delivered a 1-year return of 9.24% and a 5-year CAGR of 18.57% since inception. It has a P/E ratio of 16.73, P/B of 1.05, and a dividend yield of 2.65%. Risk measures show a beta of 1.01 against the Nifty 50 and an annualised standard deviation of 18.42% over the long term.

Uses of the Index

This index is widely used for benchmarking financial-sector-focused portfolios and for creating ETFs, index funds, and structured products. It serves as a benchmark for investors tracking India’s financial sector.

Also Read: Myntra Reports Over 1,674% Jump in Net Profit to ₹548.3 Crore in FY25!

Conclusion

The Nifty Financial Services Index gained modestly on September 15, with RECLTD and PFC leading the uptrend. Backed by heavyweight banks like HDFC Bank and ICICI Bank, the index continues to play a crucial role in reflecting the health of India’s financial sector and remains a key benchmark for investors.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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