Nifty50 Stocks: Jomato, Geo Financial in Nifty 50- They two stocks ..
The National Stock Exchange (NSE) has announced a huge change in its benchmark indices. Food delivery giant Zomato and Jio Financial Services Limited (JFSL) will enter the Nifty 50 index in half-yearly reorganization starting from March 28, 2025. Both mention the trust of investors on shares of new age technology. What is more, digital-era stocks refer to the first addition of India’s most widely tracked domestic benchmark stock exchange index.
According to the Nifty 50 Index Revolution, Public Sector Oil Marketing Company (OMC), Bharat Petroleum Corporation Limited (BPCL) and Fast Moving Consumer Goods (FMCG) veteran Britainia Industries Limited.
NSE Index Regige: Endurance- Exception ..
At the end of last year, Zomato was included in the BSE Sensex. The NSE Index Limited Index Maintenance Deputy Committee has announced a change in the Nifty 50 index as part of its half-US review from March 28, 2025. These changes certainly reflect current market trends.
Jomato and Jio Financial Services Limited are due to joining the Nifty 50 index. The ZOMATO market cap is Rs 1,69,837 crore while Geo Financial Market Cap is Rs 1,04,387 crore. The BPCL has Rs 60,928 crore and Britainia is Rs 64,151 crore.
Jomato, Jio Financial
This renovation will be based on the average free float market cap from 1 August to 31 January. The NIFTY 50 must be part of the Stock F&O section to qualify to join the index. In addition, several indices including Nifty 100 and Nifty 200 have been replaced.
According to Nuance Money Management Alternative and Quantitative Research .. NIFTY 50 index is expected to have a significant flow of $ 631 million in Zomato shares and a significant flow of $ 320 million in Geo finance stocks. On the other hand, BPCL and Britannia Industries are likely to invest in $ 201 consecutive and $ 240 million respectively.