ZOMATO, JIO FINANCIAL
To be added in Nifty 50 Index from March 28
Britannia and BPCL to be excluded from the index
Inclusion based on criteria of free-float market capitalization and other factors
WHAT FLOWS CAN WE EXPECT?
This could trigger significant trading volumes and inflows of $702 million for Zomato and $404 million for Jio Financial.
Bharat Petroleum and Britannia Industries may face outflows of $240 million and $260 million, respectively.
To be added in Nifty 50 Index from March 28
Britannia and BPCL to be excluded from the index
Inclusion based on criteria of free-float market capitalization and other factors
WHAT FLOWS CAN WE EXPECT?
This could trigger significant trading volumes and inflows of $702 million for Zomato and $404 million for Jio Financial.
Bharat Petroleum and Britannia Industries may face outflows of $240 million and $260 million, respectively.
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