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Wednesday, June 24, 2009

New companies to be included in NIFTY

National Stock Exchange (NSE) said five companies will be included in Nifty Midcap 50 Index with effect from June 26.

IDBI Bank, JSW Steel, United Phosphorous, Cummins India and Educomp Solutions would be included stocks in Nifty Midcap 50 Index from June 26, the exchange said in a notice.

Besides, five others stocks Bombay Dyeing, Mahindra Lifespace, Peninsula Land, Kesoram Industries and TVS Motor Company would also be excluded from the index.

The Futures and Options contracts for new expiry months in the following securities will not be issued on expiry of existing contract months, the exchange said.

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Posted by himanshu Sharma at 10:56 AM
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