{"id":281271,"date":"2019-07-10T05:21:46","date_gmt":"2019-07-10T05:21:46","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=281271"},"modified":"2019-07-10T05:21:46","modified_gmt":"2019-07-10T05:21:46","slug":"recs-exit-from-nifty-cpse-sparks-selloff","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/recs-exit-from-nifty-cpse-sparks-selloff\/","title":{"rendered":"REC\u2019s exit from Nifty CPSE sparks selloff"},"content":{"rendered":"<p>MUMBAI: Shares of REC slumped 14.5 per cent to Rs 137 on Tuesday-its biggest fall since November 2016-after the index maintenance sub-committee of NSE indices decided to exclude the stock from the Nifty CPSE index of state-owned companies. <\/p>\n<p>The move could lead to outflows from the stock of over $100 million though this figure could not be independently verified. <\/p>\n<p>The exclusion of the stock from the index will be effective from July 15. The Index Maintenance Sub-Committee of NSE indices has revised the criteria for eligibility in the index. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Shares of REC slumped 14.5 per cent to Rs 137 on Tuesday-its biggest fall since November 2016-after the index maintenance sub-committee of NSE indices decided to exclude the stock from the Nifty CPSE index of state-owned companies. The move could lead to outflows from the stock of over $100 million though this figure could not be independently verified. The exclusion of the stock from the index will be effective from July 15. The Index Maintenance Sub-Committee of NSE indices has revised the criteria for eligibility in the index.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-281271","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=281271"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281271\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=281271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=281271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=281271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}