Friday, September 13

NSE Indices Rejig: Key stock entries and exits in Nifty50, Nifty Next50, Nifty100 and Nifty Bank

The NSE Indices Committee has announced the September 2024 rejig, impacting several major indices, including Nifty 50, Next 50, Nifty 100, and Nifty Bank. These changes will lead to significant inflows and outflows for various companies. Here’s a breakdown of the key inclusions and exclusions:Nifty 50Inclusions: Trent and Bharat Electronics are expected to see net inflows of approximately $470 million and $335 million, respectively, after adjusting for Next 50 exclusions.Exclusions: Divis Labs and LTI Mindtree are expected to experience outflows of about $180 million and $150 million, respectively.Nifty Next 50Inclusions: Divis Labs ($79 million), LTI Mindtree ($66 million), Bharat Heavy Electricals ($49 million), JSW Energy ($47 million), Lodha ($41 million), NHPC ($39 million), and Union Bank ($31 million).Exclusions: Trent ($175 million), Bharat Electronics ($125 million), Colgate ($57 million), SRF ($43 million), Marico ($42 million), SBI Card ($25 million), and Berger Paints ($19 million).Nifty BankInclusion: Canara Bank is expected to see a net inflow of approximately $44 million.Exclusion: Bandhan Bank is expected to experience an outflow of about $37 million.Nifty 100Inclusions: BHEL, JSW Energy, Lodha, NHPC, Union Bank.Exclusions: Berger Paints, Colgate (Col-Pal), Marico, SBI Card, SRF.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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