India's Jio Financial, Power Finance, REC gain on inclusion in Nifty Next 50 index

Procter & Gamble Hygiene and Health Care

29/02/2024 06:35

** Shares of Jio Financial Services  JIOF.NS  Power Finance
Corp  PWFC.NS  and REC  RECM.NS  rise up 1.2%-2.5%
    ** The three stocks are included into the Nifty Next 50
index  .NN50 , effective March 28
    ** Adani Power  ADAN.NS  and Indian Railway Finance Corp
 INID.NS  also included but stock dip 1%-3%
    ** Adani Wilmar  ADAW.NS , Muthoot Finance  MUTT.NS , PI
Industries  PIIL.NS , P&G Hygiene & Health  PROC.NS  struggle
for direction after exclusion from the Nifty Next 50 index
    ** Shriram Finance  SHMF.NS  also excluded, but to enter
benchmark Nifty 50 index; stock up 1.4%
    

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Expected flows after Nifty Next 50 index changes    https://reut.rs/42ZpXER
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 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))