BrahMos WORLD INDIA MADHYA PRADESH BHOPAL WTN SPECIAL Astrology GOSSIP CORNER SPORTS BUSINESS FUN FACTS ENTERTAINMENT LIFESTYLE TRAVEL ART & LITERATURE SCIENCE & TECHNOLOGY HEALTH EDUCATION DIASPORA OPINION & INTERVIEW RECIPES DRINKS FUNNY VIDEOS VIRAL ON WEB PICTURE STORIES
WTN HINDI ABOUT US PRIVACY POLICY SITEMAP CONTACT US
logo
Breaking News

Gail to be excluded from Nifty50

Tuesday - February 23, 2021 9:27 pm , Category : BUSINESS
Mumbai, Feb 23 (IANS) Bellwether stock index Nifty50 will remove energy major Gail from the stocks that comprise its weightage, NSE Indices said on Tuesday.
The Index Maintenance Sub-Committee (IMSC) of NSE Indices decided to make the changes, as part of its periodic review.
In Gail's place, Tata Consumer Products will be included in the index from March 31, 2021.
Besides, the changes will be effected in Nifty Next50, Nifty500 amongst others.
"No changes are being made to Nifty Auto, Nifty Energy, Nifty FMCG, Nifty Pharma, Nifty Aditya Birla Group, Nifty Mahindra Group, Nifty Tata Group and Nifty Tata Group 25 per cent cap indices," NSE Indices said in a statement.
The company -- NSE Indices -- is a subsidiary of NSE, and provides a variety of indices and index related services for the capital markets.
It focuses on the index as a core product by owning and managing a portfolio of indices under the Nifty brand of NSE, including the flagship index, the Nifty50.

--IANS rv/sn/vd

RELATED NEWS