Get Honorary PhD

NSE: Adani group companies included in NSE indices, Adani Wilmar, Adani Power will get place

Pankaj Prasad
National Stock Exchange
National Stock Exchange

Apart from Adani Wilmar, ABB India, Canara Bank, Page Industries and Varun Beverages are also being included in Nifty's Next 50 index.

The country's premier stock exchange NSE has decided to include two Adani group companies- Adani Wilmar and Adani Power as components of some of its major indices. The new system will come into effect from March 31, 2023.

Gave this information. Accordingly, Adani Wilmar will be included in the Nifty Next 50 and Nifty 100 indices while Adani Power will be a part of the Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty Large Midcap 250 and Nifty Midsmallcap 400 indices.

During the review, it has been decided to place Adani Group shares in various indices. However, NSE has not made any changes in its Nifty 50 index. In this, as before, the presence of two companies of Adani Group - Adani Enterprises and Adani Ports & SEZ remains. NSE has kept its Nifty 50 index unchanged. In this, as before, the presence of two companies of Adani Group - Adani Enterprises and Adani Ports & SEZ remains. NSE has kept its Nifty 50 index unchanged. In this, as before, the presence of two companies of Adani Group - Adani Enterprises and Adani Ports & SEZ remains.

India, Canara Bank, Page Industries and Varun Beverages are also being included. On the other hand, Bandhan Bank, Biocon, Gland Pharma, Emphasis and Paytm (One97 Communications) are being removed from the Nifty Next 50 index.

Is. Shares of these companies have been witnessing volatility after US-based short-seller firm Hindenburg Research leveled allegations of fraudulent transactions and stock-price rigging against the Adani group. However, the Adani group has dismissed these allegations as false. It has said that it complies with all laws and disclosure requirements.