NSE( National Stock Exchange) has announced major changes in nifty. Real Estate company DLF and JSPL(Jindal Steel and Power) expires from nifty. Instead of these shares, Idea Cellular and Yes Bank may included in nifty, this changes starts from 27 of March, 2015 onwards. Decisions made by the Sub-committee of National Stock Exchange, They decided to make the changes an exclude reality major shares.
In other Indices, Exchange also made changes like CNX Nifty Junior, CNX 100, CNX 200, CNX 500, LIX Midcap, LIX, Nifty Midcap50, CNX Midcap, CNX Smallcap, CNX Auto, CNX Commodities, CNX Media, Metal, MNC, IT, FMCG, Infrastructure, Service Sector.
In NI15, Cipla Ltd.(CIPLA), Colgate Palmolive(INDIA) Ltd.(COLPAL), Mahindra and Mahindra Ltd.(M&M), Sun Pharmaceutical Industries Ltd.(SUNPHARMA) has been excluded. On the other hand, In NV20 ACC LTD.(ACC), Bharat Heavy Electricals Ltd.(BHEL) has excluded. The capping factor shall be calculated considering the closing prices of index constituents 5 trading days prior to the effective date of the change.