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InterGlobe Aviation, Piramal Enterprises gain on inclusion in Nifty Next 50 index

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Capital Market

InterGlobe Aviation, Piramal Enterprises rose while Reliance Communications, Rural Electrification Corporation declined at 9:45 IST on BSE as the former two are set to replace the latter two in the Nifty Next 50 index effective 30 September 2016.

InterGlobe Aviation (up 2.21% at Rs 818.10) and Piramal Enterprises (up 1.81% at Rs 1,706.55) edged higher. Reliance Communications (down 0.41% at Rs 48.70) and Rural Electrification Corporation (down 0.44% at Rs 225.50) edged lower.

Meanwhile, the S&P BSE Sensex was up 23.31 points or 0.08% at 28,175.71.

The National Stock Exchange of India (NSE) in a circular dated Friday, 12 August 2016, decided to include InterGlobe Aviation and Piramal Enterprises in the Nifty Next 50 index with effect from 30 September 2016. Reliance Communications and Rural Electrification Corporation will be excluded from Nifty Next 50 index effective 30 September 2016.

 

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First Published: Aug 16 2016 | 9:38 AM IST

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