Leading stock exchange NSE has tweaked the constituents of its major indices with Adani Group’s two companies — Adani Wilmar and Adani Power — all set to make their way into some of the Nifty indices from March 31, 2023.
Adani Wilmar will be part of Nifty Next 50 and Nifty 100 indices, while Adani Power will be included in Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty LargeMidcap 250, and Nifty Midsmallcap 400 indices.
All the changes in the indices will be effective from March 31 this year, the exchange said in a late night statement on Friday.
The Index Maintenance sub-committee of NSE Indices Ltd has decided to make replacement of stocks in various indices as part of its periodic review.
However, the National Stock Exchange (NSE) did not make any change to its Nifty 50 index.
In Nifty Next 50 index, apart from Adani Wilmar, other companies that will be included are — ABB India, Canara Bank, Page Industries and Varun Beverages.
On the other hand, Bandhan Ba
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