Indian Bank And National Aluminium To Replace Tata Comm And Arvind In Nifty MidCap 50

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    With effect from May 29, the two companies Tata Communications from the telecom space and Arvind Limited from the textile sector will be moved out from the Nifty MidCap 50 index and in its place Indian Bank and Aluminium Co. will be added.

     Tata Comm And Arvind Ltd. To Be Excluded From Nifty MidCap 50
     

    The changes to this effect have been announced by India Index Services and Products Ltd (IISL), which is an arm of National Stock Exchange, on Friday.

    The Nifty Midcap 50 index which includes leading 50 companies depending on full m-cap from Nifty Midcap 150 index and for which derivatives contract are available on the NSE.

    In addition, Tata Communications will now be excluded from the Nifty Infrastructure index of the NSE while in its place Torrent Power will be included.

    Goodreturns.in

    Story first published: Saturday, May 26, 2018, 13:00 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more