Shares of Indian cos excluded from Nifty Next 50 drop, inclusions rise

Fsn E-Commerce Ventures

18/08/2023 08:14

** Shares of Nykaa parent FSN E-Commerce Ventures  FSNE.NS ,
HDFC Asset Management Company  HDFA.NS  and Page Industries
 PAGE.NS  down as much as between 1.8% and 3.71%
    ** Shares down after India's National Stock Exchange
excludes stocks from its Nifty Next 50 index  .NN50 , effective
Sept. 29 
    ** ACC  ACC.NS  up as much as 2.9% despite the exclusion,
amid rise in Adani conglomerate stocks
    ** Inclusions in Nifty Next 50 index are Punjab National
Bank  PNBK.NS , Shriram Finance  SHMF.NS , Trent  TREN.NS , TVS
Motor  TVSM.NS  and Zydus Lifesciences  ZYDU.NS  
    ** Inclusions up as much as between 0.4% and 2.7% 
    ** Nifty Next 50 index up ~4% so far this year

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))