As part of NSE Indices’ periodic review, NSE has decided to make the following replacement of stocks in various indices. These changes will be effective from July 13, 2023. You can check the announcement here
Owing to the merger of HDFC Ltd. with HDFC Bank Ltd. The Index Maintenance Sub-Committee (Equity) of NSE Indices Limited has decided to make replacement of stock in various indices. Some of which are highlighted below:
Nifty 50:
The following company will be excluded:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | Housing Development Finance Corporation Ltd. | HDFC |
The following company will be included:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | LTIMindtree Ltd. | LTIM |
Nifty 100:
The following company will be excluded:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | Housing Development Finance Corporation Ltd. | HDFC |
The following company will be included:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | Jindal Steel & Power Ltd. | JINDALSTEL |
Nifty Nifty Next 50:
The following company will be excluded:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | LTIMindtree Ltd.** | LTIM |
** Excluded on account of inclusion in Nifty 50
The following company will be included:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | Jindal Steel & Power Ltd. | JINDALSTEL |
Nifty Midcap 150:
The following company will be excluded:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | Jindal Steel & Power Ltd. | JINDALSTEL |
The following company will be included:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | Mankind Pharma Ltd. | MANKIND |
Nifty Midcap 50:
The following company will be excluded:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | Jindal Steel & Power Ltd. | JINDALSTEL |
The following company will be included:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | Aditya Birla Capital Ltd. | ABCAPITAL |
Nifty Midcap Select:
The following company will be excluded:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | Jindal Steel & Power Ltd. | JINDALSTEL |
The following company will be included:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | Zydus Lifesciences Ltd. | ZYDUSLIFE |
Changes in constituents in sectoral indices on which ETF’s are based
Nifty Financial Services:
The following company will be excluded:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | Housing Development Finance Corporation Ltd. | HDFC |
The following company will be included:
| Sr. No. | Company Name | Symbol |
|---|---|---|
| 1 | LIC Housing FInance Ltd. | LICHSGFIN |
To know more on the impact of index rejigging on stocks: