IOC to be dropped from Nifty 50 from Mar 31; Apollo Hospitals to move in
Apollo Hospitals Enterprise Ltd will replace Indian Oil Corporation Ltd from National Stock Exchange’s benchmark index Nifty 50 from March 31.
The Index Maintenance Sub-Committee Equity (IMSC) of NSE Indices Limited has decided to make it a part of its periodic review, according to a press release on Thursday.
Apart from Nifty 50, changes have been announced in several indices including Nifty Next 50.
One 97 Communication, owner of Paytm; FSN E-Commerce Ventures, which runs online marketplace Nykaa, Zomato Ltd, Indian Oil Corporation Ltd, MindTree Ltd and SRF Ltd will find a place in Nifty Next 50.
