Bharat Heavy Electricals Ltd and Idea Cellular will move out of National Stock Exchange’s Nifty 50 index from March 31. Indiabulls Housing Finance and Indian Oil Corporation will be included in the index in their place.
Apart from Nifty 50, the exchange has made changes to several indices including Nifty 500, Nifty 100, Nifty Midcap 50, Nifty Smallcap 250, Nifty Next 50.
Besides, changes have also been done in sectoral indices such as metal, private bank, media, bank and commodities. Three companies: ICICI Prudential Life Insurance Company, Petronet LNG and Rural Electrification Corporation — would be included in Nifty 100 index, while Apollo Hospitals Enterprises, Bharat Forge and Castrol India would move of the index.
Dilip Buildcon, Larsen & Toubro Infotech, L&T Technology Services, ICICI Prudential Life Insurance Company, Quess Corp, Mahanagar Gas, Parag Milk Foods, Thyrocare Technologies and Future Retail are among the 25 companies to be included in the Nifty 500 index. In their place, Jaypee Infratech, Lanco Infratech, State Bank of Bikaner & Jaipur, State Bank of Mysore, State Bank of Travancore and Mahindra Lifespace Developers would move out of the index.