As part of its periodic review, the National Stock Exchange’s (NSE) Nifty-50 index will replace Shree Cement with Adani Enterprises entering the benchmark index. The changes will be effective from 30 September.
This will be the second Adani stock to feature in the Nifty index after Adani Ports and Special Economic Zone.
According to equity research company Edelweiss, Adani Enterprises is a major addition to the index.
Meanwhile, PSU stock IRCTC has been included in the Nifty Next 50 index in the rebalancing of NSE indices.
The rebalancing date for the Nifty index is September 30, when the new components will be effective. Market experts say the new additions will ensure that the Nifty index maintains its outperformance over other global indices.
NIFTY NEXT 50 . List of shares to be included in
Inclusion,
– Adani Total
– belly
– Hali
– IRCTC
– emphasis
-Samvardhan Motherson
– Shree Cement
exclusion,
– Adani Ent
– Jubilant Food
– lupine
– Mindtree
– PNB
– sail
– Zydus Life
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