Idea Cellular, Yes Bank to replace DLF and Jindal Steel and Power in Nifty
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Mumbai: Idea Cellular Ltd and Yes Bank Ltd will replace DLF Ltd and Jindal Steel and Power Ltd in the benchmark Nifty index , according to a statement issued by India Index Services and Products Ltd, a subsidiary of the National Stock Exchange of India Ltd (NSE).
The changes made by the index maintenance sub-committee are part of its periodic review and will become effective from 27 March, it said. Apart from changes in the Nifty, revisions have been made in 21 other sectoral and theme-based indices of the exchange.
In the Nifty Junior index, Indiabulls Housing Finance Ltd and United Spirits Ltd will replace Idea Cellular and Yes Bank. Similarly, the two stocks have also been included in CNX100 index in place of DLF and Jindal Steel and Power.
Other indices that will see a revision in the list of constituent stocks include CNX200, CNX500, Nifty Midcap50, CNX SmallCap, CNX Auto, CNX Commodities, CNX Consumption, CNX FMCG, CNX Infrastructure and CNX IT.
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