Nifty Index has seen some changes with BAJAJAUTO- SESAGOA & DRREDDY are included buying possible as Index fund can increase exposure, EXIT of Index fund in UNITECH- ABB & IDEA as these stocks are removed from Nifty,
These changes shall become effective from October 1, 2010 |
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| The Index Maintenance Sub-Committee has decided to make the following changes in various indices during its periodic review. These changes shall become effective from October 1, 2010. S&P CNX Nifty Index
The following companies are being excluded:
| Sr. No. | Company Name |
| 1 | ABB Ltd. |
| 2 | Idea Cellular Ltd. |
| 3 | Unitech Ltd. |
The following companies are being included:
| Sr. No. | Company Name |
| 1 | Bajaj Auto Ltd. |
| 2 | Dr. Reddy's Laboratories Ltd. |
| 3 | Sesa Goa Ltd. |
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The changes can benefit BAJAJ AUTO and SESA GOA which look good on graph as well, also funds will try to buy these stocks aggressively before they rally to make adjustments in portfolios tracking Nifty-50.
SESA GOA
BAJAJ AUTO
