SME Times is powered by   
Search News
Just in:   • Moderna taps into AWS to boost Covid-19 vaccine research  • EU retail trade back to pre-pandemic levels  • Stock markets rise even with RBI leaving rates unchanged  • Start-ups get priority sector lending status  • Relief for MSMEs as RBI extends debt restructuring scheme 
Last updated: 02 Jul, 2020  

Vedanta.9.Thmb.jpg Vedanta to be excluded from Nifty50 due to delisting

Vedanta.9.jpg
   Top Stories
» Start-ups get priority sector lending status
» Relief for MSMEs as RBI extends debt restructuring scheme
» DGFT for accelerating exports in electronics, hardware sector
» RBI keeps lending rates unchanged
» 'Textile prices recovered, no sustainable recovery yet'
SME Times News Bureau | 02 Jul, 2020
Bellwether stock index NSE Nifty50 will exclude natural resources major Vedanta from July 31.

The Index Maintenance Sub-Committee (IMSC) of the NSE decided to make the change as Vedanta has proposed a voluntary delisting.

In its place, HDFC Life Insurance Company will be included in the index from July 31.

"The IMSC has decided to replace Vedanta Ltd (VEDL) from various indices on account of proposed voluntary delisting," the NSE said in a statement.

"The changes shall become effective from July 31, 2020 (close of July 30, 2020)."

The NSE Indices is a subsidiary of NSE which provides a variety of indices and index related services for the capital markets.

It owns and manages a portfolio of indices under the Nifty brand of NSE, including the flagship index, the Nifty50.

The Nifty equity indices comprises of broad-based benchmark indices, sectoral indices, strategy indices, thematic indices and customised indices.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 07 Aug, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Textile opportunities in Finland: An export snapshot (1)
» Pain points for MSMEs(1)
» SBI's centralised SME loan process to ensure better loan processing(1)
» Aluminium sector for MEIS scheme as exports at stake(1)
» Focus is now on loan restructuring: FM(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter