Jio Financial and Zomato will enter Nifty 50 index of National Stock Exchange, and these two companies BPCL and Britannia Industries will be excluded from Nifty 50 index.
Jio Financial and Zomato will enter Nifty 50 index, and these two companies will be excluded.
There will be a big change in the Nifty 50 index of the National Stock Exchange. The National Stock Exchange has said on February 21 that the entry of Jio Financial and Zomato companies will be in the Nifty 50 index. And this change in the Nifty 50 index will be visible from March 28, 2025. And two companies BPCL (Bhartiya Petroleum Corporation Limited) and Britannia Industries will be out of the Nifty 50 index of the National Stock Exchange.
The National Stock Exchange has said that the entry of Jio Financial and Zomato companies in the Nifty 50 has been done on the basis of their six-month average free-float market capitalization. Also, the average free-float market capitalization of Jio Financial Company has become Rs 1,04,387 crore. And the average free-float market capitalization of Zomato Company has become Rs 1,69,837 crore. According to JM Financials estimate, the entry of Jio Financial Company into the Nifty 50 Index of the National Stock Exchange may result in a passive inflow of $ 404 million.
And the entry of Zomato Company into the Nifty 50 Index may result in a passive inflow of $ 702 million. On the contrary, Britannia Industries Company may see an outflow of $ 260 million. And BPCL Company may see an outflow of $ 240 million. Because, since both these companies are out of the Nifty 50 Index of the National Stock Exchange, their outflow may decrease.
There will also be a change in the Nifty 100.
The National Stock Exchange’s Nifty 100 will also see a change. The companies Hyundai Motors, Bajaj Housing Finance and CG Power and Industrial Solutions will enter the Nifty 100 Index. And BHEL (Bharat Heavy Electrical Limited), Adani Total Gas, NHPC (National Hydroelectric Power Corporation), Union Bank of India and IRCTC (Indian Railway Catering and Tourism Corporation) will be excluded from the National Stock Exchange’s Nifty 100.
Changes will also be seen in the Nifty 200.
Changes will also be seen in the National Stock Exchange’s Nifty 200. National Aluminum Company, Motilal Oswal Financial Services, Glenmark Pharma, NTPC Green Energy, Premier Energy and Ola Electric will be included in the Nifty 200 index. And Indian Overseas Bank, Balakrishna Industries, JSW Infra, LC India, MRPL, Poonawalla Fincare, Sundaram Finance, Fertilizers and Chemicals Travancore, Tata Chemicals and IDBI Bank will be excluded from the National Stock Exchange’s Nifty 200.
The National Stock Exchange rebalances the Nifty index every six months. And its cut-off date is from January 31 to July 31 every year. And the stock is evaluated on the basis of average performance in the last six months. Thus, the stocks of Jio Financial and Zomato have been included in the National Stock Exchange’s Nifty 50. And the stocks of BPCL and Britannia Industries have been excluded from the Nifty 50 index.
Both National Stock Exchange and Zomato have been included in the Futures and Options (F&O) segment of the National Stock Exchange. And both these companies meet the criteria to be included in the Nifty 50 index.
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Conclusion
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