Real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) will now be included in the Nifty indices after the National Stock Exchange revised the criteria for their inclusion.
“All equity shares, REITs and InvITs, that are traded at the NSE are eligible for inclusion in the Nifty indices,” the stock exchange said in a note on August 23. So far, REITs and InvITs were not specifically allowed to be part of Nifty indices.
“This would enable wider investor participation in REITs and consequently increased volumes, liquidity and better price discovery. REITs merit inclusion on Nifty indices, and this move will assist