They replaced ACC, Nykaa, HDFC AMC, Indus Towers and, Page Industries in the 50-share index
Posts in category Business Standard
Foreign portfolio investor moves swing stock price pendulum, shows data (17-08-2023)
The average stock price gain for these companies was nearly 30 per cent during the quarter, compared to a 13 per cent gain in the Nifty 500
Mid-cap stocks pique interest of FPIs after 5 years: Goldman Sachs (17-08-2023)
Overseas investor holding increased by 175 bps to 16% of their m-cap this year
Adani Group stocks gain as GQG Partners ups its wager; Adani Ports up 4.5% (17-08-2023)
The stake was purchased from Adani group promoter entities Worldwide Emerging Market Holding and Afro Asia Trade and Investments
ACC, HDFC AMC, three other companies to be excluded from Nifty Next 50 (17-08-2023)
Five firms, including ACC Ltd, HDFC Asset Management Company and FSN E-Commerce Ventures that runs Nykaa, will be dropped from Nifty Next 50 index from September 29.
NSE Indices Ltd, an arm of the National Stock Exchange, on Thursday said that Indus Towers and Page Industries will also be dropped from the index.
Punjab National Bank, Trent, Sriram Finance, TVS Motor Company, and Zydus Lifesciences will be included in the Nifty Next 50 index, NSE Indices said in a statement.
NSE Indices’ Index Maintenance Sub-Committee (IMSC) decided to make the changes with effect from September 29 as a part of a semi-annual review.
In addition, changes have been announced in several indices — Nifty 500, Nifty 100, Nifty Midcap 150, Nifty Small Cap 250, Nifty Midcap 50, Nifty Midcap 100, Nifty Smallcap 50, and Nifty Smallcap 100.
However, no changes were announced in the NSE’s benchmark index Nifty 50.
NSE Indices also revised the eligibility criteria for several sectoral indices, including Nift
Net FDI into India declines sharply to $5 billion in Q1, shows data (17-08-2023)
The sectors that received most of the investment during this period included manufacturing, financial services, business services, computer services, electricity, and other energy sectors
I-CRR move to prevent ‘asset price bubble’: RBI’s state of economy report (17-08-2023)
Major reforms needed to tackle monsoon veg price shock
Markets drop after US Federal Reserve minutes signal further rate hikes (17-08-2023)
Sensex ends at lowest level since June 30
Flows into NRI deposits grow multi-fold to $2.14 billion in first quarter (17-08-2023)
Outstanding deposits rise in June 23 over Dec 22
Sebi extends auction date for properties of 7 companies to Aug 31 (17-08-2023)
Sebi extends auction date to Aug 31 for properties of 7 companies