In a semi-annual review, NSE has decided to make some replacements among stocks in various indices as part of its periodic review. While there were no new changes in its benchmark Nifty50, it replaced five stocks in the Nifty Next 50 index.
NSE
Ashok Leyland, Indiabulls Housing, L&T Finance, New India Assurance Company, and Vodafone Idea in the Nifty Next 50 index was replaced by Abbott India, IGL, Info Edge, Muthoot Finance and Torrent Pharma.
In the Nifty500 index, 25 stocks were replaced in this semi-annual review. Stocks including Chalet Hotels, Jain Irrigation, Lakshmi Vilas Bank, PC Jeweller, Reliance Capital, Reliance Power, Shilpa Medicare, Triveni Turbine, and VA Tech Wabag, among others, were excluded. Meanwhile, inclusions included ABB India, Century Textiles, CSB Bank, Hathway Cables, IIFL Wealth, La Opala RG, IRCTC, and Ujjivan Small Finance, among others.
The index also rejigged Nifty Midcap100 and Nifty Smallcap100 indices in this review.
Here is a list of all the changes made on NSE
NSE Change in Indices w.e.f... by CNBCTV18 Digital on Scribd
First Published:Jun 11, 2020 11:20 AM IST