India's LIC Housing Finance up on Nifty financial index inclusion

Housing Development Finance

05/07/2023 05:33

** Shares of LIC Housing Finance  LICH.NS  rise as much as
4.3% to 406.9 rupees, highest since June 22
    ** Indian stock exchange NSE said on Tuesday LICH to replace
Housing Development Finance Corporation  HDFC.NS  in the Nifty
Financial Services index  .NIFTYFIN , effective July 13
    ** Added, Mankind Pharma  MNKI.NS  to be included in Nifty
500  .NIFTY500  and Nifty 200  .NIFTY200  indices, among others
    ** MNKI shares up as much as 1.6% to 1,704 rupees
    ** LTIMindtree  LTIM.NS  shares up after NSE said it will
replace HDFC in blue chip Nifty 50  .NSEI  index
    ** LICH trims some YTD losses; stock down 3.8% from last
year
    

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))