Tata Consumer to replace GAIL in Nifty from March 31

Mumbai: Tata Consumer Products will replace GAIL India in the benchmark Nifty index with effect from March 31, the Index Maintenance Sub-Committee (Equity) of the National Stock Exchange of India said on Tuesday.

Adani Enterprises, Apollo Hospitals Enterprise, GAIL, Jubilant FoodWorks, MRF, Vedanta and YES Bank will be included in the Nifty Next 50 with effect from the same date.

Meanwhile, Bank of Baroda, Container Corporation of India, General Insurance Corporation of India, Hindustan Zinc, Oracle Financial Services, Power Finance Corporation and Tata Consumer Products will be excluded from the Nifty Next 50.