Banking Sector Indicator
Banking Sector Indicator is a lead indicator of trends in the Indian banking sector. Computed using ZyFin Business Cycle Indicator as a key element, it has a lead of up to four months on the S&P Bankex. Portfolio managers, capital market strategists and sector analysts can utilise the indicator to develop banking-sector-based portfolios and trade strategies. The latest value of the banking sector indicator was 0.3% for September 2014, as compared to -9.7% in the previous month, expecting S&P Bankex to continue to be stable (year-on-year) over the month of December 2014.