This would change
- Fund houses and their schemes tracking purely nifty as benchmark in order to adjust weightage may Buy or add further those stocks which would be added to nifty and sell or reduce the ones going out (or might have already done) leading to rise and fall of prices of stocks concerned respectively in days to come.
- Nifty market capitalization, eps and eventually pe will get adjusted accordingly to the components… Now pe is around 25.5
- Nifty would again become 50 stocks index as 3 stocks r added and 4 removed.
- Concerned stocks would continue to perform as per their respective fundamentals…