Market News
2 min read | Updated on August 26, 2024, 08:58 IST
SUMMARY
In the NIFTY Next 50, seven companies that have been excluded are Berger Paints India, BEL, Colgate Palmolive (India), Marico Ltd., SBI Cards and Payment Services, SRF, and Trent.
Stock list
These changes will become effective on September 30, 2024 (close of September 27, 2024).
The Index Maintenance Sub-Committee (Equity) of NSE Indices on Friday, August 23, announced changes in various Nifty equity indices as listed.
These changes will become effective on September 30, 2024 (close of September 27, 2024).
NSE said that Trent Ltd. (average free-float market capitalisation ₹99,364 crore) and Bharat Electronics (average free-float market capitalisation ₹89,317 crore) have been included in the Nifty 50 index as the six-month average free-float market capitalisation of these companies within the eligible universe is at least 1.5 times the 6-month average free-float market capitalisation of the smallest constituents, i.e., LTIMindtree Ltd. (average free-float market capitalisation ₹47,022 crore) and Divi's Laboratories (average free-float market capitalisation ₹51,261 crore), respectively.
About The Author
Next Story