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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