{"id":89785,"date":"2018-08-28T21:16:29","date_gmt":"2018-08-28T21:16:29","guid":{"rendered":"http:\/\/www.bnreport.com\/jsw-steel-replaces-lupin-in-nifty-rejig-9-stocks-thrown-out-of-nifty-midcap-100-index\/"},"modified":"2018-08-28T21:16:29","modified_gmt":"2018-08-28T21:16:29","slug":"jsw-steel-replaces-lupin-in-nifty-rejig-9-stocks-thrown-out-of-nifty-midcap-100-index","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/jsw-steel-replaces-lupin-in-nifty-rejig-9-stocks-thrown-out-of-nifty-midcap-100-index\/","title":{"rendered":"JSW Steel replaces Lupin in Nifty rejig; 9 stocks thrown out of Nifty Midcap 100 index"},"content":{"rendered":"

NEW DELHI: NSE<\/a> Indices on Tuesday announced a minor rejig in the benchmark Nifty50 index by replacing pharma stock Lupin with JSW Steel from September 28, 2018. <\/p>\n

The index provider also announced that it will be replacing nine stocks in the Nifty Midcap 100 index. <\/p>\n

The stocks to beexcluded are AIA Engineering, Biocon, ICICI Lombard<\/a> General Insurance, IDFC, Indiabulls Real Estate<\/a>, IRB Infrastructure Developers, Karur Vysya Bank, Suzlon Energy, Wockhardt<\/a>. <\/p>\n

These nine will be replaced by Avanti Feeds, Cummins India, Escorts, Graphite India, HEG<\/a>, Larsen & Toubro Infotech, Power Finance Corporation, Punjab National Bank and Rural Electrification Corporation<\/a>. <\/p>\n

No changes were made to Nifty Auto, Nifty Bank, Nifty FMCG, Nifty IT, Nifty Metal, Nifty Pharma, Nifty Private Bank, Nifty Energy, Nifty Infrastructure, Nifty Aditya Birla group<\/a>, Nifty Mahindra Group<\/a>, Nifty Tata group and Nifty Tata group 25% Cap indices. <\/p>\n

NSE Indices, formerly known as India Index Services & Products, is a subsidiary of NSE, and provides a variety of indices and index related services for the capital markets. <\/p>\n

Here are some of the other changes<\/strong> <\/p>\n

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Original Article<\/a><\/p>\n

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ET Markets<\/a><\/h5>\n

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