Shriram Finance replaces UPL in Nifty 50, check out other changes in NSE indices
By Moneycontrol News
Shriram Finance replaces UPL in Nifty 50, check out other changes in NSE indices
Nifty 50 Entrant
NSE announced Shriram Finance will replace UPL in Nifty as Shriram Finance had the highest 6 month average free-float market capitalization within the eligible universe.
Nifty 50 Exit
UPL will be removed from Nifty 50 after its exclusion from the Nifty 100 index. The changes will come into effect on March 28.
Nifty Next 50 Entries
Adani Power, IRFC, Jio Financial Services, Power Finance Corporation, REC are the entrants in Nifty Next 50.
Nifty Next 50 Exits
Adani Wilmar, Muthoot Finance, PI Industries, Procter and Gamble Hygiene and Healthcare and Shriram Finace will exit Nifty Next 50
Nifty Auto Changes
In Nifty Auto, Apollo Tyres, Exide Industries, Tata Motors DVR are inclusions while Sona BLW Precision Forgings and Tube Investments of India are exclusions.
Nifty Consumer Durables Changes
In Nifty Consumer Durables, Century Plyboards, Cera Sanitaryware, Kalyan Jewellers, VIP Industries are inclusions while Orient Electric, Relaxo Footwears, TTK Prestige, V-Guard Industries are exclusions.
Nifty Financial Services Changes
In Nifty Financial Services, IDFC will replace Indian Energy Exchange.
Nifty FMCG Changes
In Nifty FMCG, Balrapur Chini Mills will replace Emami.
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