The replacement of stocks in various indexes as indicated below has been decided by the Index Maintenance Sub-Committee (Equity). As of September 29, 2023 (the end of September 28, 2023), these modifications will take effect.
Nifty Next 50
Companies listed below are excluded:
1 ACC Ltd. ACC
2 FSN E-Commerce Ventures Ltd. NYKAA
3 HDFC Asset Management Company Ltd. HDFCAMC
4 Indus Towers Ltd. INDUSTOWER
5 Page Industries Ltd. PAGEIND
The following companies are being included:
1 Punjab National Bank PNB
2 Shriram Finance Ltd. SHRIRAMFIN
3 Trent Ltd. TRENT
4 TVS Motor Company Ltd. TVSMOTOR
5 Zydus Lifesciences Ltd. ZYDUSLIFE
Nifty 500
Companies listed below are excluded:
1 BASF India Ltd. BASF
2 Garware Technical Fibres Ltd. GARFIBRES
3 Godrej Agrovet Ltd. GODREJAGRO
4 Greenpanel Industries Ltd. GREENPANEL
5 Hikal Ltd. HIKAL
6 Hinduja Global Solutions Ltd. HGS
7 IFB Industries Ltd. IFBIND
8 Indiabulls Real Estate Ltd. IBREALEST
9 Jindal Worldwide Ltd. JINDWORLD
10 Kennametal India Ltd. KENNAMET
11 Keystone Realtors Ltd. RUSTOMJEE
12 Mahindra Logistics Ltd. MAHLOG
13 NOCIL Ltd. NOCIL
14 Tamilnad Mercantile Bank Ltd. TMB
15 TCI Express Ltd. TCIEXP
16 TCNS Clothing Co. Ltd. TCNSBRANDS
17 Transport Corporation of India Ltd. TCI
18 UFLEX Ltd. UFLEX
The following companies are incorporated:
1 Allcargo Logistics Ltd. ALLCARGO
2 Alok Industries Ltd. ALOKINDS
3 Gillette India Ltd. GILLETTE
4 Glenmark Life Sciences Ltd. GLS
5 Godawari Power & Ispat Ltd. GPIL
6 IRCON International Ltd. IRCON
7 Jindal Saw Ltd. JINDALSAW
8 Kaynes Technology India Ltd. KAYNES
9 Kirloskar Ferrous Industries Ltd. KIRLFER
10 Minda Corporation Ltd. MINDACORP
11 Procter & Gamble Health Ltd. PGHL
12 Safari Industries (India) Ltd. SAFARI
13 Saregama India Ltd SAREGAMA
14 Sheela Foam Ltd. SFL
15 Symphony Ltd. SYMPHONY
16 Syrma SGS Technology Ltd. SYRMA
17 Ujjivan Small Finance Bank Ltd. UJJIVANSFB
18 Usha Martin Ltd. USHAMART
The Nifty500 Multicap 50:25:25 index will likewise be able to use the aforementioned substitutes.
Nifty 100
Companies listed below are excluded:
1 ACC Ltd. ACC
2 FSN E-Commerce Ventures Ltd. NYKAA
3 HDFC Asset Management Company Ltd. HDFCAMC
4 Indus Towers Ltd. INDUSTOWER
5 Page Industries Ltd. PAGEIND
The following companies are incorporated:
1 Punjab National Bank PNB
2 Shriram Finance Ltd. SHRIRAMFIN
3 Trent Ltd. TRENT
4 TVS Motor Company Ltd. TVSMOTOR
5 Zydus Lifesciences Ltd. ZYDUSLIFE
6 Tata Motors Ltd. DVR TATAMTRDVR
The Nifty100 Equal Weight index will likewise be able to use the aforementioned alternatives.
150 Nifty Midcap
Companies listed below are excluded:
1 Aavas Financiers Ltd. AAVAS
2 Affle (India) Ltd. AFFLE
3 Alkyl Amines Chemicals Ltd. ALKYLAMINE
4 Clean Science and Technology Ltd. CLEAN
5 Fine Organic Industries Ltd. FINEORG
6 Happiest Minds Technologies Ltd. HAPPSTMNDS
7 Nippon Life India Asset Management Ltd. NAM-INDIA
8 Punjab National Bank PNB
9 Shriram Finance Ltd. SHRIRAMFIN
10 Tata Teleservices (Maharashtra) Ltd. TTML
11 Trent Ltd. TRENT
12 TVS Motor Company Ltd. TVSMOTOR
13 Zydus Lifesciences Ltd. ZYDUSLIFE
The following companies are incorporated:
1 ACC Ltd. ACC
2 Bank of Maharashtra MAHABANK
3 Bharat Dynamics Ltd. BDL
4 Carborundum Universal Ltd. CARBORUNIV
5 Fertilisers and Chemicals Travancore Ltd. FACT
6 FSN E-Commerce Ventures Ltd. NYKAA
7 HDFC Asset Management Company Ltd. HDFCAMC
8 Indus Towers Ltd. INDUSTOWER
9 Jindal Stainless Ltd. JSL
10 KPIT Technologies Ltd. KPITTECH
11 Mazagoan Dock Shipbuilders Ltd. MAZDOCK
12 Page Industries Ltd. PAGEIND
13 Rail Vikas Nigam Ltd. RVNL
250 Nifty Smallcap
Companies listed below are excluded:
1 Bank of Maharashtra MAHABANK
2 BASF India Ltd. BASF
3 Bharat Dynamics Ltd. BDL
4 Carborundum Universal Ltd. CARBORUNIV
5 Fertilisers and Chemicals Travancore Ltd. FACT
6 Garware Technical Fibres Ltd. GARFIBRES
7 Godrej Agrovet Ltd. GODREJAGRO
8 Greenpanel Industries Ltd. GREENPANEL
9 Hikal Ltd. HIKAL
10 Hinduja Global Solutions Ltd. HGS
11 IFB Industries Ltd. IFBIND
12 Indiabulls Real Estate Ltd. IBREALEST
13 Jindal Stainless Ltd. JSL
14 Jindal Worldwide Ltd. JINDWORLD
15 Kennametal India Ltd. KENNAMET
16 Keystone Realtors Ltd. RUSTOMJEE
17 KPIT Technologies Ltd. KPITTECH
18 Mahindra Logistics Ltd. MAHLOG
19 Mazagoan Dock Shipbuilders Ltd. MAZDOCK
20 NOCIL Ltd. NOCIL
21 Rail Vikas Nigam Ltd. RVNL
22 Tamilnad Mercantile Bank Ltd. TMB
23 TCI Express Ltd. TCIEXP
24 TCNS Clothing Co. Ltd. TCNSBRANDS
25 Transport Corporation of India Ltd. TCI
26 UFLEX Ltd. UFLEX
The following companies are incorporated:
1 Aavas Financiers Ltd. AAVAS
2 Affle (India) Ltd. AFFLE
3 Alkyl Amines Chemicals Ltd. ALKYLAMINE
4 Allcargo Logistics Ltd. ALLCARGO
5 Alok Industries Ltd. ALOKINDS
6 Clean Science and Technology Ltd. CLEAN
7 Fine Organic Industries Ltd. FINEORG
8 Gillette India Ltd. GILLETTE
9 Glenmark Life Sciences Ltd. GLS
10 Godawari Power & Ispat Ltd. GPIL
11 Happiest Minds Technologies Ltd. HAPPSTMNDS
12 IRCON International Ltd. IRCON
13 Jindal Saw Ltd. JINDALSAW
14 Kaynes Technology India Ltd. KAYNES
15 Kirloskar Ferrous Industries Ltd. KIRLFER
16 Minda Corporation Ltd. MINDACORP
17 Nippon Life India Asset Management Ltd. NAM-INDIA
18 Procter & Gamble Health Ltd. PGHL
19 Safari Industries (India) Ltd. SAFARI
20 Saregama India Ltd SAREGAMA
21 Sheela Foam Ltd. SFL
22 Symphony Ltd. SYMPHONY
23 Syrma SGS Technology Ltd. SYRMA
24 Tata Teleservices (Maharashtra) Ltd. TTML
25 Ujjivan Small Finance Bank Ltd. UJJIVANSFB
26 Usha Martin Ltd. USHAMART
Select Nifty Midcap
Companies listed below are excluded:
1 Laurus Labs Ltd. LAURUSLABS
2 Punjab National Bank PNB
3 Shriram Finance Ltd. SHRIRAMFIN
4 Trent Ltd. TRENT
5 TVS Motor Company Ltd. TVSMOTOR
6 Zydus Lifesciences Ltd. ZYDUSLIFE
The following companies are incorporated:
1 Abbott India Ltd. ABBOTINDIA
2 Coforge Ltd. COFORGE
3 HDFC Asset Management Company Ltd. HDFCAMC
4 Page Industries Ltd. PAGEIND
5 Polycab India Ltd. POLYCAB
6 Power Finance Corporation Ltd. PFC
50 Nifty Midcap
Companies listed below are excluded:
1 Honeywell Automation India Ltd. HONAUT
2 Punjab National Bank PNB
3 Shriram Finance Ltd. SHRIRAMFIN
4 Trent Ltd. TRENT
5 TVS Motor Company Ltd. TVSMOTOR
6 Zydus Lifesciences Ltd. ZYDUSLIFE
The following companies are incorporated:
1 ACC Ltd. ACC
2 Dalmia Bharat Ltd. DALBHARAT
3 HDFC Asset Management Company Ltd. HDFCAMC
4 Indraprastha Gas Ltd. IGL
5 Indus Towers Ltd. INDUSTOWER
6 Page Industries Ltd. PAGEIND
The Nifty Auto, Nifty Bank, Nifty Consumer Durables, Nifty Financial Services, Nifty Financial Services 25/50, Nifty Financial Services Ex-Bank, Nifty FMCG, Nifty Healthcare, Nifty IT, Nifty Metal, Nifty Oil & Gas, Nifty Pharma, Nifty Private Bank, and Nifty PSU Bank indexes remain unchanged.
