NSE rejig: Vodafone Idea to exit Nifty 500, Nifty Midcap 100
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Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE's various indices. Vodafone's current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone's exit from Nifty 500 is along with 26 other stocks that have been excluded from the index. Among other stocks which have been removed from the indes are Vaibhav Global, Aether Industries, Allcargo Logistics, Anupam Rasayan, Borosil Renewables, CSB Bank, DCM Shriram, JK Paper, KRBL, MTAR Technologies and Restaurant Brands Asia. Tata Group's lifestyle company Trent (TRENT) and state-run Bharat Electronics (BEL) are the latest inclusion into the Nifty 50 index while LTI Mindtree (LTIM) and Divi's Laboratories have made an exit. The Index Maintenance Sub-Committee (Equity) of NSE Indices on Friday made the changes...