The changes will come into effect from 30 September 2021.The index maintenance sub-committee (equity) of NSE Indices, as part of its semi-annual review of indices, announced changes to the Nifty Next 50 index on Monday, 23 August 2021.
As part of the review, Bank of Baroda (up 2.87%), Cholamandalam Investment and Finance Company (up 6.26%), Jindal Steel & Power (up 2.11%), PI Industries (up 0.16%) and Steel Authority of India (up 2.04%) have been included in the Nifty Next 50 index.
Meanwhile, Abbott India (up 0.42%), Alkem Laboratories (up 2.05%), MRF (up 0.51%), Petronet LNG (up 1.13%) and United Breweries (down 0.43%) have been excluded from the Nifty Next 50 index.
The Nifty Next 50 index rose 0.24% to 39,316.10 while the benchmark Nifty 50 index advanced 0.38% to 16,559.60.
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