NSE to launch the CNX Bank index

Mumbai: NSE has decided to start a new index CNX Bank, which will comprise the 12 banking sector stocks. The CNX Bank index will be introduced from June 9.

The 12 stocks are Andhra Bank, Bank of Baroda, Bank of India, Canara Bank, Corporation Bank, HDFC Bank, ICICI Bank, Oriental Bank of Commerce, Punjab National Bank, SBI, Syndicate Bank and Union Bank of India.