Nifty Next 50 reshuffle brings dozen stocks into sharp focus, including AEL

For the uninitiated, the Nifty Next 50 is the second-most important index after the Nifty50 as quite a number of ETFs track these two indices

NSE Indices – the index-providing arm of the National Stock Exchange (NSE) - announced a realignment of its indices earlier this month. The insertion of Adani Enterprises (AEL) and exclusion of Shree Cement from the flagship Nifty50 Index grabbed headlines, albeit little or no attention was paid to the rebalancing of the Nifty Next 50 Index. However, analysts believe the changes announced could have significant bearing on stock prices.

For the uninitiated, the Nifty Next 50 is the second-most important index after the Nifty50 as quite a number of exchange-traded funds (ETFs) track these two indices. Both these indices together