Tata Consumer Products will replace state-owned Gail India in the benchmark Nifty 50 index. The change will take effect on March 31. The move is expected to result in passive
Tata Consumer to replace Gail India in Nifty 50 effective March 31
Move is expected to result in passive inflows of $89 million (Rs 650 cr) in Tata Consumer. Gail could see outflows of $57 million (Rs 410 cr)
 "Tata Consumer")
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Tata Consumer, formerly known as Tata Global Beverages, will join FMCG peers such as Hindustan Unilever, Nestle India and Britannia in the widely-tracked Nifty 50 index.
Topics : Tata Consumer Products GAIL India Nifty 50 Hindustan Unilever Britannia Nestle India Apollo Hospitals Enterprise Ltd Jubilant FoodWorks
First Published: Feb 23 2021 | 8:00 PM IST
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