IDFC Bank to replace Havells India in Nifty Midcap 50 from Nov 15

India Infoline News Service | Mumbai | October 18, 2016 18:13 IST

IDFC Bank will be included in the NSE's Nifty Midcap 50 index from November 15, whereas Havells India will be move out of the index.

IDFC Bank will be included in the NSE's Nifty Midcap 50 index from November 15, whereas Havells India will be move out of the index. There are currently over 200 securities available in the F&O segment for trade.
Prior to that, the exchange had announced that it would launch futures and options (F&O) contracts in IDFC Bank, DCB from September 30.

Stock Commentary:
IDFC Bank Ltd ended at Rs 76.75, up by Rs 1.3 or 1.72% from its previous closing of Rs 75.45 on the BSE. The scrip opened at Rs 76 and touched a high and low of Rs 76.9 and Rs 75.55 respectively. A total of 10273970(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 25615.44 crore.

Havells India Ltd ended at Rs 431.15, up by Rs 7.55 or 1.78% from its previous closing of Rs 423.6 on the BSE. The scrip opened at Rs 429.95 and touched a high and low of Rs 433.95 and Rs 422.35 respectively. A total of 3785526(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 26468.87 crore.


***Note: This is a NSE Chart

 

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