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Idea, BHEL sink up to 6% on exclusion from Nifty 50

Indiabulls Housing Finance and Indian Oil Corporation will take their slots in the index

Press Trust of India  |  New Delhi 

Shares of Idea Cellular and BHEL fell by up to six per cent on Friday as these companies will move out of National Stock Exchange's (NSE's) Nifty 50 index from March 31. Reacting to the exclusion, the scrip of Idea tumbled 5.74 per cent to Rs 101.65, while that of BHEL went lower by 2.47 per cent to Rs 149.55 on NSE. Indiabulls Housing Finance and Indian Oil Corporation (IOC) will take their slots in the index. Indiabulls Housing surged six per cent to Rs 882.50 and IOC 2.81 per cent to Rs 386.55. The changes, as announced by Indian Index Services and ...

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First Published: Fri, February 17 2017. 14:55 IST
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