Wipro and Siemens replaced by NMDC and IndusInd Bank in Nifty 50.

wipro-logoNMDC logo

Siemens logo2


NMDC and IndusInd Bank will replace Wipro and Siemens in the 50-share Nifty benchmark with effect from April The Nifty, the benchmark index of the National Stock Exchange, comprises 50 stocks that represent 22 different sectors of the economy and is widely tracked by fund managers across the globe. Every six months, the constituents of the Nifty are reviewed, leading to replacement of some stocks. A maximum of 10 per cent of the index size may be changed in a calendar year.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.