The NSE Nifty 50 underwent its semi-annual reform on Tuesday, September 30, with Interglobe Aviation (Indigo) and Max Healthcare Institute shares entering the benchmark index, and replace Hero Motocorp and Indusind Bank shares. In addition to the constituent changes, the Index weights of the State Bank of India (SBI), ITC and Bajaj Finnish Shares have been increased. Indigo’s inclusion and outflow of indigo’s inclusion is expected to attract passive inflow worth $ 545 million, which is 4.9 times the average daily traded volume, while Max Healthcare is likely to be passive inflow of $ 372 million, according to the Nuvama Institutional Equity Report. Conversely, Hero Motocorp, the world’s largest two -wheeler manufacturer, is expected to see outflow worth $ 309 million, while private money lender Indusind bank can see the outflow worth $ 217 million. Among the companies with increased weight, SBI is expected to receive $ 99 million inflow, followed by ITC at $ 38 million and Bajaj Finserv at $ 19 million. Meanwhile, five existing Nifty could see 50 ingredients a reduction in their weight, causing passive outflow. HDFC Bank can flow about $ 66 million, followed by Reliance Industries at $ 52 million. ICICI Bank can see $ 47 million withdrawals, while Bharti Airtel and Infosys are likely to flow out of $ 28 million each. The reform is expected to generate significant trading activities, as passive funds rebalance their portfolios to reflect the new indexing composition. Nifty Next 50 The Nifty Next 50 Index also sees a great review as part of the semi-annual rebalancing. Four fresh stocks – Solar Industries India, Engineers India, Mazagon Dock shippers and Hindustan -Sink – are included in the index and are expected to receive passive inflow from $ 34 million to $ 59 million each. Indigo, Dabur India, Icici Prudential Life Insurance and Swiggy will leave the next 50 from the Nifty. These shares could see the outflow of $ 27 million to $ 184 million, according to the Nuvama report. Nifty Bank, Midcap and Smallcap indices in the Nifty Bank Index, Kotak Mahindra Bank, Axis Bank and HDFC Bank will see an increase in their weight steering, and inflows worth $ 31 million, $ 17 million and $ 14 million, respectively. The Nifty Midcap 150 and Nifty Smallcap 250 indices will also see significant reform. Hero Motocorp, Indusind Bank, Swiggy, Dabur India, ITC Hotels, IDBI Bank and seven other companies will be included in the Nifty Midcap 150. Meanwhile, Klierfarma, Bandhan Bank, Motherson Sumi Wiring India, Emami, Force Motors, Ola Electric Mobility and 12 Additional Stock Hunting. that of individual analysts or brokerage businesses, and not of currency. We advise investors to check with certified experts before making investment decisions.
Nifty 50 rejig in reality; Indigo, Max Healthcare takes places from Hero Motocorp, Indusind Bank
