NSE rejigs indices: Here is the complete list
The replacements will also be applicable to Nifty 50 Equal Weight Index.
By ETMarkets.com | Updated:
National Stock Exchange (NSE) will include Bajaj Finance, Hindustan Petroleum Corp and United Phosphorus (UPL) into its benchmark Nifty 50 from September 29. These stocks will take the places of ACC, Bank of Baroda, Tata Power and Tata Motors DVR.
“The above replacements will also be applicable to Nifty50 Equal Weight Index,” the statement added.
The exchange made changed to the broader indices, too. In the Nifty 100, Divi's Laboratories and United Breweries have been excluded while Avenue Supermarts and MRF will be included.
A lot of funds are benchmarked against these indices, which means that any change in an index leads to a corresponding change in their portfolios.
The following companies are being included in NIFTY Next 50
The following companies have been included in the NIFTY Smallcap 250:
The following companies are being included:
“The above replacements will also be applicable to Nifty50 Equal Weight Index,” the statement added.
The exchange made changed to the broader indices, too. In the Nifty 100, Divi's Laboratories and United Breweries have been excluded while Avenue Supermarts and MRF will be included.
A lot of funds are benchmarked against these indices, which means that any change in an index leads to a corresponding change in their portfolios.
ADVERTISEMENT
The following companies are being included in NIFTY Next 50
ADVERTISEMENT
ADVERTISEMENT
The following companies have been included in the NIFTY Smallcap 250:
The following companies are being included:
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
