The National Stock Exchange NSE has announced some changes in Nifty Midcap 50 Index constituents. There have been 5 changes,which are effective from 26 June 2009.
The outgoing stocks are Bombay Dyeing, Mahindra Life, Peninsula Land, Kesoram Ind, TVS Motors. These stocks are replaced by Idbi bank, JSW steel, United Phosphorous, Cummins India, Educomp soultions.
The newly included midcap stocks have seen some momentum last week and have corrected since then. If the market stabilizes, some more action can be expected in these stocks.
Popular Posts
-
NSE Indices launches a new index - Nifty Total Market Index. The Nifty Total Market index aims to track the performance of 750 stocks cover... -
Moneycontrol has introduced a new feature Moneycontrol Terminal - an enhanced version of real time price updates. Though there were live quo... -
What is Nifty Bees? Nifty BeES, the first ETF in India, was introduced by Benchmark Asset Management Company in 2002 and currently m... -
What is Gold Bees or Gold ETF? Gold ETFs are open-ended mutual fund schemes that will invest the money collected from investors in stand... -
Do Index Funds and Exchange Traded Funds pay dividends? Before we get into the details, you should know about Benchmark and Total Returns I...
