Adani Enterprises to be included in Nifty50 from September 30
India’s largest bourse the National Stock Exchange of India (NSE) today announced that Adani Enterprises would be included in the headline index Nifty50 in place of Shree Cement NSE 0.36 % from September 30. After Adani Ports, this would be the second stock from the stable of billionaire Gautam Adani to be included in the index.
According to earlier estimates by Edelweiss Alternative and Quantitative Research, Adani Enterprises’ inclusion into Nifty may lead to inflows of $183 million into the stock.
