The Bankex comprises the top banking stocks listed on the BSE, selected based on market capitalization and liquidity. As of December 2024, the index includes major players such as HDFC Bank, ICICI Bank, State Bank of India, Kotak Mahindra Bank, and Axis Bank, among others. These institutions collectively account for over 90% of the banking sector’s total market value, making the Bankex a comprehensive reflection of the industry’s performance.