NSE indices to have new faces from this evening

Mumbai : The quarterly changes in key equity indices on the NSE are set to be implemented on June 27. Strategic indices—Nifty 200 Momentum 30, Nifty Midcap 150 Momentum 50, and Nifty 500 Momentum 50—are set to undergo reshuffles on June 27, while broader benchmarks like Nifty 50, Nifty Next 50, Nifty Midcap 150, and Smallcap 250 will see weight adjustments, according to a report by Nuvama Alternative and Quantitative Research.

These changes would lead to passive inflows and outflows across several large-cap and mid-cap stocks.

On the Nifty 50, weight adjustments in ICICI Bank, Bharti Airtel and Bajaj Finance may see inflows, while Reliance, Mahindra & Mahindra , and Infosys could face outflows.


The Nifty 200 Momentum 30 index could see 20 inclusions and 20 exclusions. HDFC Bank, HDFC Life and ICICI Bank are expected to be added, while Mahindra and Mahindra, Tech Mahindra and Sun Pharmaceuticals are among those set to be removed.

The index changes will take effect after market hours on June 27 and will be reflected in trading from the next session.