NSE to rejig indices from next week

Leading bourse National Stock Exchange (NSE) today said it will reshuffle various indices including CNX 200 and CNX 500 index from next week.
The exchange will include Cox & Kings in the CNX 200 Index replacing CMC Ltd.
Further, Mayur Uniquoters, Munjal Showa and Suven Life Sciences would be included in the CNX 500 index, while CMC, Mastek, Shasun Pharmaceuticals would move out from the index.
Besides, CMC would be dropped from CNX midcap index, while Reliance Communications would enter the segment.
Also, CMC would make an exit from the CNX IT index, while Polaris Consulting & Services will make an entry in the barometer.

These changes would be effective from March 27 this, India Index Services & Products Limited (IISL), a group company of NSE, which rebalances Nifty and other indices said in a statement.
These changes have been made in various indices on account of proposed scheme of arrangements involving amalgamations and demergers.
Also, it would include ITD Cementation India in the CNX 500 Index, replacing Balkrishna Industries from March 24.