Zee Ent, GAIL India, Bharti Infratel may be excluded from Nifty: Report

Stocks of Zee Entertainment, GAIL India, and Bharti Infratel could be excluded from the Nifty50 when the index is reconstituted next, suggests a July 30 report by IDBI Capital authored by A K Prabhakar, head of research at the Mumbai-based brokerage co-authored with Dhartikumar Sahu. These three stocks, according to IDBI Capital, are likely to pave way for SBI Life Insurance, Divi’s Lab, and Dabur India.

The Nifty50 broad-based index is reviewed twice a year based on six-month data ending January 31 and July 31. Eligibility criteria for newly listed security are checked based on the data for a three month