Comments
Shares of Idea Cellular and YES Bank will remain in focus as they replace DLF and Jindal Steel & Power in Nifty from Friday. The CNX Nifty is used for a variety of purposes, such as benchmarking fund portfolios, index-based derivatives and index funds. Fund managers of index funds have to adjust their portfolios to align with changes in the Nifty. Shares of DLF and JSPL may come under pressure on index rebalancing.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.