Sources for Nifty and Bank Nifty Hourly Data

For traders and analysts looking to access Nifty and Bank Nifty hourly data, various sources and APIs are available. This article will provide a comprehensive guide on where to find this data, including historical and real-time information.

Official Sources

The National Stock Exchange (NSE) India is a vital source for accessing historical and real-time data for indices like Nifty and Bank Nifty. Traders can access this data directly from the official NSE website under the Financial Data Providers section. Here you can find detailed historical data which can be invaluable for trading strategies and analysis.

Financial Data Providers

Platforms like Bloomberg, Reuters, and FactSet offer comprehensive financial data, including hourly data for various indices. While these services typically require a subscription, they provide extensive and detailed data which can be crucial for making informed trading decisions.

Brokerage Platforms

Many online trading platforms and brokerage firms also provide access to historical data for indices. It's important to check with your specific broker to see what features they offer. Some brokers may provide hourly data, which can be particularly useful for short-term trading strategies.

Data Aggregators and Financial Websites

Websites such as Yahoo Finance and Moneycontrol are known for providing historical data and allowing users to download hourly data for Nifty and Bank Nifty. These platforms often include charts and other tools to facilitate data analysis.

APIs for Programmatic Access

If you need programmatic access to the data, consider using APIs from financial data providers like Alpha Vantage, Quandl, or others that offer index data. These APIs can provide live and historical hourly data, making them a valuable tool for automated trading systems and data analysis.

Example APIs

Several brokerage platforms and financial data providers offer APIs that allow you to access live and historical hourly data for Nifty and Bank Nifty. For instance, Zerodha SmartAPI, Angel Broking, Alpha Vantage, and Kotak Securities API provide live and historical hourly, or any other timeframe data. Additionally, Allice Blue API offers live data with all timeframes inclusive of hourly.

Discount Brokers and Services

Discount brokers are an excellent choice if you are looking for high-quality data without the premium cost. Many discount brokers do not charge for opening a trading account. They often provide a wealth of data and features, making them a cost-effective option for traders.

Online Resources for Charting and Raw Data

For traders who prefer to use charts, several websites offer Nifty and Bank Nifty data ranging from 5-minute to 1-hour intervals. The URLs for these resources are provided below:

Nifty:

Bank Nifty:

For raw data, you might need to sign up with a data provider like True Data, which can be paid for but often offers a more comprehensive dataset for in-depth analysis.

Conclusion

Accessing Nifty and Bank Nifty hourly data opens up numerous possibilities for traders and analysts. Whether you choose official sources, financial data providers, brokerage platforms, or APIs, there are multiple options available to suit your needs. It is essential to explore and choose the best source that aligns with your trading strategy and financial goals.