Some of the changes in some of the NSE indices in the coming quarter (starting April 01, 2023), as per the routine quarterly (or semi annual) rejig.
■ Nifty Next 50 index:
Noticeable Exclusions: Biocon, Bandhan Bank, Paytm, Gland Pharma, Mphasis.
Noticeable Inclusions: ABB India, Adani Wilmar, Canara Bank, Page Industries, Varun Beverages.
■ Nifty Alpha 50 index:
Exclusions: Adani Enterprise, Adani Green Energy, Adani Total Gas, Adani Transmission, Aditya Birla Fashion and Retail, Angel One, Elgi Equipments, Fine Organic Industries, Gujarat Narmada Valley Fertilizers and Chemicals, KEI Industries, Page Industries, SRF, Suzlon Energy, Tata Elxsi.
Inclusions: Aditya Birla Capital, Apollo Tyres, Bank of India, Bharat Heavy Electricals, Britannia Industries, IDFC First Bank, Jindal Steel & Power, L&T Finance Holdings, Mahindra & Mahindra Financial Services, MRF, Power Finance Corporation, Punjab National Bank, Siemens, Zydus Lifesciences.
■ Nifty Smallcap 50 index:
Exclusions: Alok Industries, Amber Enterprises, Apollo Tyres, Balrampur Chini, Can Fin Homes, Chemplast Sanmar, Firstsource Solutions, Indigo Paints, Intellect Design, Metro Brands, Sterlite Technologies, TV18 Broadcast, Zensar Technologies.
Inclusions: Bikaji Foods, City Union Bank, Easy Trip Planners, Global Health, IDBI Bank, Indian Energy Exchange, Indian Overseas Bank, IRB Infrastructure, Mazagon Dock Shipbuilders, NALCO, Rail Vikas Nigam, Suzlon Energy, UCO Bank.
■ Nifty Midcap 100 index:
Exclusions: ABB India, Adani Wilmar, Canara Bank, Clean Science and Technology, Emami, Gujarat State Petronet, ICICI Securities, Indiamart Intermesh, Indian Energy Exchange, Linde India, NALCO, Nippon Life India Asset Management, Page Industries, Varun Beverages.
Inclusions: Adani Power, Apollo Tyres, Bandhan Bank, Biocon, CG Power and Industrial Solutions, Devyani International, Gland Pharma, Gujarat Fluorochemicals, IRFC, MphasiS, NHPC, NMDC, One 97 Communications, Piramal Enterprises.
■ Nifty 200 index:
Exclusions: Clean Science and Technology, Emami, Gujarat State Petronet, ICICI Securities, Indiamart Intermesh, Indian Energy Exchange, Linde India, National Aluminium Co, Nippon Life India Asset Management.
Inclusions: Adani Power, Apollo Tyres, CG Power and Industrial Solutions, Devyani International, Gujarat Fluorochemicals, Indian Railway Finance Corporation, NHPC, NMDC, Piramal Enterprises
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𝘔𝘪𝘵𝘳𝘰𝘯 shorting any of the "Inclusions" around that time
will be a b̳a̳d̳ i̳d̳e̳a̳.
Many funds which mimic those specific indices, would be forced to buy those stocks.
Other DIIs, FIIs too might start moving more funds into the stocks which are included,
in line with the mandated objectives of their specific portfolios.
So please be noted!
ABB India, Adani Wilmar, Canara Bank, Page Industries, Varun Beverages.
My picks entered Nifty Next 50
@xuseronline @MrKool_JJ @malikcool @guest_999