Showing posts with the label Nifty 50 Index

India Bulls Housing Finance - Out of Nifty50

India Bulls Housing Finance - Out of Nifty50 In a Press Release on behalf of NSE Indices Limited has decided to make changes in the Nifty50 Stocks list. India Bulls Housing Finance Ltd will be excluded from Nifty50 and Nestle India Limited is to be replaced (included). The said above changes shall become effective from 27th September, 2019 . It will also be applicable to Nifty50 Equal Weight Index. In the Nifty Next50, few companies that are to be excluded - ABB India, BHEL, MRF, SAIL and replaced by Berger Paints, India Bulls Housing Finance Ltd and Punjab National Bank (PNB). It is note that on account of proposed scheme of arrangement for Demerger, ABB India Ltd is to be excluded. For the Nifty 500, there are 21 listed stocks are to excluded and replaced with the same. Reliance Communications (RCOM), Reliance Home Finance, JP Associates, GSK Consumer healthcare, Sintex Plastics, Shankara Building products are the few of the ones to be excluded. Abbot India, Adani Gas, Bayer Cropscie