NIFTY REJIG

​ITC and Bharti Airtel’s weights in Nifty is expected to go up in the quarterly rejig which gets into effect on Thursday, triggering combined inflows of $95 million according to estimates by Nuvama.

Trent and BEL are expected to enter Nifty in the September rebalancing of NSE indices, as per JM Financial estimates, which are based average free float market capitalisation.

​So, it is 10% lower than what was expected. I think what has happened in the interim is that the exit polls raised phenomenal expectations and even now what you are seeing as a correction is largely what we went up on Monday.

S&P Dow Jones Indices on Friday announced that with effect from June 24, Wipro will be removed from the 30-share index and Adani Ports will take its place. BSE has also made some tweaks in the constitution of Sensex 50, Bankex, BSE 100 and Sensex Ne...

Ajay Srivastava, CEO of Dimensions Corporate, highlights the need for a GST rate rejig to boost the consumer side of the market. He emphasizes the importance of stimulating consumption to enhance the overall market performance. Srivastava also says ...

Adani Enterprises is poised to join Sensex, possibly replacing Wipro, in BSE's semi-annual rejig. Expected inflows of $118 million for Adani, and outflows of $56 million for Wipro. Sensex, India's key index, represents the top 30 firms.

The possible changes would lead to an inflow of Rs 3,500 crore into Trent and Rs 3,000 crore into Bharat Electronics, the brokerage said.

Nifty has 50 stocks which are selected based on a free-float m-cap weighted method, wherein the level of the index reflects the free-float m-cap of all stocks in the barometer. HDFC Bank has the highest weightage in Nifty at 11.48%, followed by RIL,...

In the upcoming Amfi Semi-Annual Categorisation for the second half of 2024, seven stocks, including Hero MotoCorp and BHEL, are poised to move to the large-cap category from mid-cap. Stellar rallies have propelled their returns over the past year.

The highest inflows across all indices are expected from Shriram Finance, HDFC Bank, and Jio Financial Services. The highest outflows are expected to be from SBI, UPL, and ICICI Bank. NTPC could see an inflow of $ 71 million due to an increase in we...

Shriram Finance to replace UPL in Nifty, which could trigger inflows. HDFC Bank, Jio Financial, Adani Power to benefit from rebalancing. PSU pack to see weight adjustments. Nuvama estimates significant inflows and outflows in index reshuffle.

NTPC's weight on the Nifty CPSE is expected to go up 20% versus the current weight of 17.9%. As for NHPC and NLC, the new weights post the readjustment will likely be 4.6% and 1.2%, respectively, versus 4.2% and 0.9%, now.

The rejig exercise will also see significant inflows in six other stocks viz. NTPC ($66 million), Power Finance Corporation (PFC, $45 million), REC ($43 million), Mahindra & Mahindra (M&M, $42 million) Bharti Airtel ($26 million) and Indian Railway ...

​The week ahead is expected to be action-packed for Dalal Street investors despite being a truncated one ofonly 3 working days, as all eyes will be on the launch of the ‘T+0’ settlement cycle by exchanges.

India to receive over $1.70 billion in passive inflows from FTSE March rejig. Major beneficiaries include HDFC Bank, ICICI Bank, Kotak Bank, Sundaram Finance, Zomato, SJVN, Grasim Industries, Bajaj Finance, RVNL, Prestige Estates, Sensex, Maruti Suz...

NSE has announced rejig in Nifty Next 50 index with five inclusions and as many exclusions.

Shriram Finance Share Price: Shriram Finance's stock will replace UPL in the Nifty50 index from March 28. The stock has witnessed a strong rally and hit a 52-week high. It is currently trading above its moving averages. In other major indices, sever...

Shriram Finance has been included in Nifty50 index as it has the highest 6-month average free-float market capitalization within the eligible universe as a replacement to UPL Ltd, the bourse said. In Nifty Next 50, Adani Power, Indian Railway Financ...

Shares of Canara Bank, which gained 23% in the last two weeks, will remain in focus this month as the board of directors of the state-owned lender will meet on February 26 to consider a stock split.