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NPBET

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Analysis and statistics

  • Open
    277.6318$
  • Previous Close
    278.5274$
  • 52 Week Change
    --
  • Day Range
    -0.90$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

NPBET.NSE represents the Nippon India Nifty Pharma ETF. This exchange-traded fund aims to replicate the performance of the Nifty Pharma Index, providing investors exposure to a portfolio of pharmaceutical companies listed on the National Stock Exchange of India (NSE). It offers a way to participate in the growth potential of the Indian pharmaceutical sector through a diversified investment vehicle.
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Factors

Underlying Asset Performance: The primary driver is the performance of the Nifty Private Bank Index, which the ETF tracks. Higher index values generally lead to higher ETF prices.

Supply and Demand: Market forces influence prices. Greater demand for the ETF pushes the price up, while increased selling pressure lowers it.

Expense Ratio: The ETF's management fee impacts returns. A higher expense ratio can reduce overall performance compared to the underlying index.

Tracking Error: Deviations between the ETF's returns and the index's returns affect the price. Lower tracking error is desirable.

Market Sentiment: Overall investor confidence and outlook on the banking sector can influence demand and thus the ETF's price.

Economic Factors: Interest rates, inflation, and economic growth influence the banking sector and consequently the ETF's performance.

Regulatory Changes: Government policies and regulations impacting private banks can affect their stock prices and the ETF's value.

News and Events: Company-specific news for constituent banks, industry trends, and global events can cause price fluctuations.

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