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Adani Ports gains on Nifty inclusion

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BS Reporter Mumbai
Last Updated : Aug 13 2015 | 11:13 PM IST

Shares of Adani Ports and Special Economic Zone rallied nearly 5 per cent after NSE said the Adani group firm will be included in the 50-share CNX Nifty. Shares of NMDC, which will be removed from Nifty, lost around 2.5 per cent. Inclusion in the Nifty index will lead to of buying by passive funds, said experts. The changes in the 50-share index will be effective from September 28. The Nifty index was previously tweaked in May, when Bosch had replaced IDFC.

 

 

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First Published: Aug 13 2015 | 10:42 PM IST

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