Introduction: In a significant development for the investment community, the National Stock Exchange (NSE) has recently announced a series of replacements within its indices. These changes are poised to have a notable impact on various market segments and investor portfolios. In this blog post, we’ll delve into the details of these index replacements, their implications, and what investors should keep in mind.
NSE Announces Index Replacement on 28-February-2024 as per details mnetioned below:
The Index Maintenance Sub-Committee (Equity) of NSE Indices Limited has decided to implement replacements of stocks across various indices as part of its routine review, outlined as follows. These revisions will take effect from March 28, 2024 (closing of March 27, 2024).
Replacements on account of semi-annual review of broad market indices are as follows:
NIFTY 50
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | UPL Ltd. | UPL | 1 | Shriram Finance Ltd. | SHRIRAMFIN | |
NIFTY NEXT 50
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Adani Wilmar Ltd. | AWL | 1 | Adani Power Ltd. | ADANIPOWER | |
| 2 | Muthoot Finance Ltd. | MUTHOOTFIN | 2 | Indian Railway Finance Corporation Ltd. | IRFC | |
| 3 | PI Industries Ltd. | PIIND | 3 | Jio Financial Services Ltd. | JIOFIN | |
| 4 | Procter & Gamble Hygiene & Health Care Ltd. | PGHH | 4 | Power Finance Corporation Ltd. | PFC | |
| 5 | Shriram Finance Ltd. | SHRIRAMFIN | 5 | REC Ltd. | RECLTD | |
NIFTY 500
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Aarti Drugs Ltd. | AARTIDRUGS | 1 | Action Construction Equipment Ltd. | ACE | |
| 2 | Brightcom Group Ltd. | BCG | 2 | Anand Rathi Wealth Ltd. | ANANDRATHI | |
| 3 | Delta Corp Ltd. | DELTACORP | 3 | AstraZenca Pharma India Ltd. | ASTRAZEN | |
| 4 | Epigral Ltd. | EPIGRAL | 4 | Caplin Point Laboratories Ltd. | CAPLIPOINT | |
| 5 | G R Infraprojects Ltd. | GRINFRA | 5 | Cello World Ltd. | CELLO | |
| 6 | Galaxy Surfactants Ltd. | GALAXYSURF | 6 | Chennai Petroleum Corporation Ltd. | CHENNPETRO | |
| 7 | Go Fashion (India) Ltd. | GOCOLORS | 7 | DOMS Industries Ltd. | DOMS | |
| 8 | Gujarat Alkalies & Chemicals Ltd. | GUJALKALI | 8 | Elecon Engineering Co. Ltd. | ELECON | |
| 9 | HLE Glascoat Ltd. | HLEGLAS | 9 | Garden Reach Shipbuilders & Engineers Ltd. | GRSE | |
| 10 | Infibeam Avenues Ltd. | INFIBEAM | 10 | Gujarat Mineral Development Corporation Ltd. | GMDCLTD | |
| 11 | Ingersoll Rand (India) Ltd. | INGERRAND | 11 | Happy Forgings Ltd. | HAPPYFORGE | |
| 12 | Jamna Auto Industries Ltd. | JAMNAAUTO | 12 | HBL Power Systems Ltd. | HBLPOWER | |
| 13 | Lakshmi Machine Works Ltd. | LAXMIMACH | 13 | Himadri Speciality Chemical Ltd. | HSCL | |
| 14 | Lux Industries Ltd. | LUXIND | 14 | Honasa Consumer Ltd. | HONASA | |
| 15 | Nazara Technologies Ltd. | NAZARA | 15 | Indian Renewable Energy Development Agency Ltd. | IREDA | |
| 16 | Orient Electric Ltd. | ORIENTELEC | 16 | Inox Wind Ltd. | INOXWIND | |
| 17 | Pfizer Ltd. | PFIZER | 17 | Jai Balaji Industries Ltd. | JAIBALAJI | |
| 18 | Polyplex Corporation Ltd. | POLYPLEX | 18 | Jammu & Kashmir Bank Ltd. | J&KBANK | |
| 19 | Procter & Gamble Health Ltd. | PGHL | 19 | Jio Financial Services Ltd. | JIOFIN | |
| 20 | Rain Industries Ltd | RAIN | 20 | JSW Infrastructure Ltd. | JSWINFRA | |
| 21 | Rallis India Ltd. | RALLIS | 21 | Jupiter Wagons Ltd. | JWL | |
| 22 | Relaxo Footwears Ltd. | RELAXO | 22 | Lloyds Metals And Energy Ltd. | LLOYDSME | |
| 23 | Rossari Biotech Ltd. | ROSSARI | 23 | Maharashtra Seamless Ltd. | MAHSEAMLES | |
| 24 | Sharda Cropchem Ltd. | SHARDACROP | 24 | Nuvama Wealth Management Ltd. | NUVAMA | |
| 25 | Sheela Foam Ltd. | SFL | 25 | R R Kabel Ltd. | RRKABEL | |
| 26 | Shoppers Stop Ltd. | SHOPERSTOP | 26 | Railtel Corporation Of India Ltd. | RAILTEL | |
| 27 | Suprajit Engineering Ltd. | SUPRAJIT | 27 | Ramkrishna Forgings Ltd. | RKFORGE | |
| 28 | Symphony Ltd. | SYMPHONY | 28 | SBFC Finance Ltd. | SBFC | |
| 29 | Teamlease Services Ltd. | TEAMLEASE | 29 | Schneider Electric Infrastructure Ltd. | SCHNEIDER | |
| 30 | TTK Prestige Ltd. | TTKPRESTIG | 30 | Signatureglobal (India) Ltd. | SIGNATURE | |
| 31 | V-Guard Industries Ltd. | VGUARD | 31 | Tamilnad Mercantile Bank Ltd. | TMB | |
| 32 | Vinati Organics Ltd. | VINATIORGA | 32 | Tata Technologies Ltd. | TATATECH | |
| 33 | V-Mart Retail Ltd. | VMART | 33 | Titagarh Rail Systems Ltd. | TITAGARH | |
| 34 | Zydus Wellness Ltd. | ZYDUSWELL | 34 | TVS Supply Chain Solutions Ltd. | TVSSCS | |
NIFTY 100
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Adani Wilmar Ltd. | AWL | 1 | Adani Power Ltd. | ADANIPOWER | |
| 2 | Muthoot Finance Ltd. | MUTHOOTFIN | 2 | Indian Railway Finance Corporation Ltd. | IRFC | |
| 3 | PI Industries Ltd. | PIIND | 3 | Jio Financial Services Ltd. | JIOFIN | |
| 4 | Procter & Gamble Hygiene & Health Care Ltd. | PGHH | 4 | Power Finance Corporation Ltd. | PFC | |
| 5 | UPL Ltd. | UPL | 5 | REC Ltd. | RECLTD | |
NIFTY MIDCAP 150
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Aarti Industries Ltd. | AARTIIND | 1 | Adani Wilmar Ltd. | AWL | |
| 2 | Adani Power Ltd. | ADANIPOWER | 2 | IDBI Bank Ltd. | IDBI | |
| 3 | Blue Dart Express Ltd. | BLUEDART | 3 | Indian Renewable Energy Development Agency Ltd. | IREDA | |
| 4 | Crompton Greaves Consumer Electricals Ltd. | CROMPTON | 4 | JSW Infrastructure Ltd. | JSWINFRA | |
| 5 | Indian Railway Finance Corporation Ltd. | IRFC | 5 | Kalyan Jewellers India Ltd. | KALYANKJIL | |
| 6 | Navin Fluorine International Ltd. | NAVINFLUOR | 6 | KEI Industries Ltd. | KEI | |
| 7 | Pfizer Ltd. | PFIZER | 7 | Lloyds Metals And Energy Ltd. | LLOYDSME | |
| 8 | Power Finance Corporation Ltd. | PFC | 8 | Muthoot Finance Ltd. | MUTHOOTFIN | |
| 9 | Rajesh Exports Ltd. | RAJESHEXPO | 9 | PI Industries Ltd. | PIIND | |
| 10 | REC Ltd. | RECLTD | 10 | Procter & Gamble Hygiene & Health Care Ltd. | PGHH | |
| 11 | Relaxo Footwears Ltd. | RELAXO | 11 | SJVN Ltd. | SJVN | |
| 12 | Trident Ltd. | TRIDENT | 12 | Suzlon Energy Ltd. | SUZLON | |
| 13 | Vinati Organics Ltd. | VINATIORGA | 13 | Tata Technologies Ltd. | TATATECH | |
| 14 | Whirlpool of India Ltd. | WHIRLPOOL | 14 | UPL Ltd. | UPL | |
NIFTY SMALL CAP 250
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Aarti Drugs Ltd. | AARTIDRUGS | 1 | Aarti Industries Ltd. | AARTIIND | |
| 2 | Brightcom Group Ltd. | BCG | 2 | Action Construction Equipment Ltd. | ACE | |
| 3 | Delta Corp Ltd. | DELTACORP | 3 | Anand Rathi Wealth Ltd. | ANANDRATHI | |
| 4 | Epigral Ltd. | EPIGRAL | 4 | AstraZenca Pharma India Ltd. | ASTRAZEN | |
| 5 | G R Infraprojects Ltd. | GRINFRA | 5 | Blue Dart Express Ltd. | BLUEDART | |
| 6 | Galaxy Surfactants Ltd. | GALAXYSURF | 6 | Caplin Point Laboratories Ltd. | CAPLIPOINT | |
| 7 | Go Fashion (India) Ltd. | GOCOLORS | 7 | Cello World Ltd. | CELLO | |
| 8 | Gujarat Alkalies & Chemicals Ltd. | GUJALKALI | 8 | Chennai Petroleum Corporation Ltd. | CHENNPETRO | |
| 9 | HLE Glascoat Ltd. | HLEGLAS | 9 | Crompton Greaves Consumer Electricals Ltd. | CROMPTON | |
| 10 | IDBI Bank Ltd. | IDBI | 10 | DOMS Industries Ltd. | DOMS | |
| 11 | Infibeam Avenues Ltd. | INFIBEAM | 11 | Elecon Engineering Co. Ltd. | ELECON | |
| 12 | Ingersoll Rand (India) Ltd. | INGERRAND | 12 | Garden Reach Shipbuilders & Engineers Ltd. | GRSE | |
| 13 | Jamna Auto Industries Ltd. | JAMNAAUTO | 13 | Gujarat Mineral Development Corporation Ltd. | GMDCLTD | |
| 14 | Kalyan Jewellers India Ltd. | KALYANKJIL | 14 | Happy Forgings Ltd. | HAPPYFORGE | |
| 15 | KEI Industries Ltd. | KEI | 15 | HBL Power Systems Ltd. | HBLPOWER | |
| 16 | Lakshmi Machine Works Ltd. | LAXMIMACH | 16 | Himadri Speciality Chemical Ltd. | HSCL | |
| 17 | Lux Industries Ltd. | LUXIND | 17 | Honasa Consumer Ltd. | HONASA | |
| 18 | Nazara Technologies Ltd. | NAZARA | 18 | Inox Wind Ltd. | INOXWIND | |
| 19 | Orient Electric Ltd. | ORIENTELEC | 19 | Jai Balaji Industries Ltd. | JAIBALAJI | |
| 20 | Polyplex Corporation Ltd. | POLYPLEX | 20 | Jammu & Kashmir Bank Ltd. | J&KBANK | |
| 21 | Procter & Gamble Health Ltd. | PGHL | 21 | Jupiter Wagons Ltd. | JWL | |
| 22 | Rain Industries Ltd | RAIN | 22 | Maharashtra Seamless Ltd. | MAHSEAMLES | |
| 23 | Rallis India Ltd. | RALLIS | 23 | Navin Fluorine International Ltd. | NAVINFLUOR | |
| 24 | Rossari Biotech Ltd. | ROSSARI | 24 | Nuvama Wealth Management Ltd. | NUVAMA | |
| 25 | Sharda Cropchem Ltd. | SHARDACROP | 25 | R R Kabel Ltd. | RRKABEL | |
| 26 | Sheela Foam Ltd. | SFL | 26 | Railtel Corporation Of India Ltd. | RAILTEL | |
| 27 | Shoppers Stop Ltd. | SHOPERSTOP | 27 | Rajesh Exports Ltd. | RAJESHEXPO | |
| 28 | SJVN Ltd. | SJVN | 28 | Ramkrishna Forgings Ltd. | RKFORGE | |
| 29 | Suprajit Engineering Ltd. | SUPRAJIT | 29 | SBFC Finance Ltd. | SBFC | |
| 30 | Suzlon Energy Ltd. | SUZLON | 30 | Schneider Electric Infrastructure Ltd. | SCHNEIDER | |
| 31 | Symphony Ltd. | SYMPHONY | 31 | Signatureglobal (India) Ltd. | SIGNATURE | |
| 32 | Teamlease Services Ltd. | TEAMLEASE | 32 | Tamilnad Mercantile Bank Ltd. | TMB | |
| 33 | TTK Prestige Ltd. | TTKPRESTIG | 33 | Titagarh Rail Systems Ltd. | TITAGARH | |
| 34 | V-Guard Industries Ltd. | VGUARD | 34 | Trident Ltd. | TRIDENT | |
| 35 | V-Mart Retail Ltd. | VMART | 35 | TVS Supply Chain Solutions Ltd. | TVSSCS | |
| 36 | Zydus Wellness Ltd. | ZYDUSWELL | 36 | Whirlpool of India Ltd. | WHIRLPOOL | |
NIFTY MIDCAP SELECT
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Abbott India Ltd. | ABBOTINDIA | 1 | Lupin Ltd. | LUPIN | |
| 2 | Balkrishna Industries Ltd. | BALKRISIND | 2 | PI Industries Ltd. | PIIND | |
| 3 | Bandhan Bank Ltd. | BANDHANBNK | 3 | UPL Ltd. | UPL | |
| 4 | Power Finance Corporation Ltd. | PFC | 4 | Vodafone Idea Ltd. | IDEA | |
NIFTY MIDCAP 50
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Abbott India Ltd. | ABBOTINDIA | 1 | Bharat Heavy Electricals Ltd. | BHEL | |
| 2 | Bata India Ltd. | BATAINDIA | 2 | Dixon Technologies (India) Ltd. | DIXON | |
| 3 | Biocon Ltd. | BIOCON | 3 | GMR Airports Infrastructure Ltd. | GMRINFRA | |
| 4 | Indraprastha Gas Ltd. | IGL | 4 | L&T Finance Holdings Ltd. | L&TFH | |
| 5 | LIC Housing Finance Ltd. | LICHSGFIN | 5 | Max Healthcare Institute Ltd. | MAXHEALTH | |
| 6 | Power Finance Corporation Ltd. | PFC | 6 | PI Industries Ltd. | PIIND | |
| 7 | REC Ltd. | RECLTD | 7 | Suzlon Energy Ltd. | SUZLON | |
| 8 | United Breweries Ltd. | UBL | 8 | Tube Investments of India Ltd. | TIINDIA | |
| 9 | Voltas Ltd. | VOLTAS | 9 | UPL Ltd. | UPL | |
| 10 | Zee Entertainment Enterprises Ltd. | ZEEL | 10 | Yes Bank Ltd. | YESBANK | |
NIFTY MIDCAP 100
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Adani Power Ltd. | ADANIPOWER | 1 | Bank of Maharashtra | MAHABANK | |
| 2 | Bata India Ltd. | BATAINDIA | 2 | GMR Airports Infrastructure Ltd. | GMRINFRA | |
| 3 | Coromandel International Ltd. | COROMANDEL | 3 | IDBI Bank Ltd. | IDBI | |
| 4 | Crompton Greaves Consumer Electricals Ltd. | CROMPTON | 4 | Indian Renewable Energy Development Agency Ltd. | IREDA | |
| 5 | Devyani International Ltd. | DEVYANI | 5 | JSW Infrastructure Ltd. | JSWINFRA | |
| 6 | Gujarat Fluorochemicals Ltd. | FLUOROCHEM | 6 | Kalyan Jewellers India Ltd. | KALYANKJIL | |
| 7 | Indian Railway Finance Corporation Ltd. | IRFC | 7 | Oracle Financial Services Software Ltd. | OFSS | |
| 8 | Motherson Sumi Wiring India Ltd. | MSUMI | 8 | PI Industries Ltd. | PIIND | |
| 9 | Navin Fluorine International Ltd. | NAVINFLUOR | 9 | SJVN Ltd. | SJVN | |
| 10 | Power Finance Corporation Ltd. | PFC | 10 | Supreme Industries Ltd. | SUPREMEIND | |
| 11 | REC Ltd. | RECLTD | 11 | Suzlon Energy Ltd. | SUZLON | |
| 12 | The Ramco Cements Ltd. | RAMCOCEM | 12 | Tata Technologies Ltd. | TATATECH | |
| 13 | United Breweries Ltd. | UBL | 13 | UPL Ltd. | UPL | |
NIFTY SMALLCAP 50
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Anupam Rasayan India Ltd. | ANURAS | 1 | Aarti Industries Ltd. | AARTIIND | |
| 2 | Bikaji Foods International Ltd. | BIKAJI | 2 | Aavas Financiers Ltd. | AAVAS | |
| 3 | Campus Activewear Ltd. | CAMPUS | 3 | Apar Industries Ltd. | APARINDS | |
| 4 | Chambal Fertilizers & Chemicals Ltd. | CHAMBLFERT | 4 | BSE Ltd. | BSE | |
| 5 | CIE Automotive India Ltd. | CIEINDIA | 5 | Castrol India Ltd. | CASTROLIND | |
| 6 | Global Health Ltd. | MEDANTA | 6 | Century Textile & Industries Ltd. | CENTURYTEX | |
| 7 | Gujarat Narmada Valley Fertilizers and Chemicals Ltd. | GNFC | 7 | CreditAccess Grameen Ltd. | CREDITACC | |
| 8 | Hindustan Copper Ltd. | HINDCOPPER | 8 | Crompton Greaves Consumer Electricals Ltd. | CROMPTON | |
| 9 | IDBI Bank Ltd. | IDBI | 9 | Equitas Small Finance Bank Ltd. | EQUITASBNK | |
| 10 | Indian Overseas Bank | IOB | 10 | Five-Star Business Finance Ltd. | FIVESTAR | |
| 11 | IRB Infrastructure Developers Ltd. | IRB | 11 | Great Eastern Shipping Co. Ltd. | GESHIP | |
| 12 | J.B. Chemicals & Pharmaceuticals Ltd. | JBCHEPHARM | 12 | Gujarat State Petronet Ltd. | GSPL | |
| 13 | JBM Auto Ltd. | JBMA | 13 | Happiest Minds Technologies Ltd. | HAPPSTMNDS | |
| 14 | Kalyan Jewellers India Ltd. | KALYANKJIL | 14 | IIFL Finance Ltd. | IIFL | |
| 15 | KEI Industries Ltd. | KEI | 15 | Karur Vysya Bank Ltd. | KARURVYSYA | |
| 16 | Mangalore Refinery & Petrochemicals Ltd. | MRPL | 16 | Multi Commodity Exchange of India Ltd. | MCX | |
| 17 | Redington Ltd. | REDINGTON | 17 | Narayana Hrudayalaya Ltd. | NH | |
| 18 | Route Mobile Ltd. | ROUTE | 18 | NATCO Pharma Ltd. | NATCOPHARM | |
| 19 | Shree Renuka Sugars Ltd. | RENUKA | 19 | Navin Fluorine International Ltd. | NAVINFLUOR | |
| 20 | Suzlon Energy Ltd. | SUZLON | 20 | NCC Ltd. | NCC | |
| 21 | UCO Bank | UCOBANK | 21 | Nippon Life India Asset Management Ltd. | NAM-INDIA | |
| 22 | UTI Asset Management Company Ltd. | UTIAMC | 22 | Ramkrishna Forgings Ltd. | RKFORGE | |
| 23 | Welspun Living Ltd. | WELSPUNLIV | 23 | Zensar Technolgies Ltd. | ZENSARTECH | |
NIFTY SMALL CAP 100
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Aegis Logistics Ltd. | AEGISCHEM | 1 | Aarti Industries Ltd. | AARTIIND | |
| 2 | Anupam Rasayan India Ltd. | ANURAS | 2 | Alok Industries Ltd. | ALOKINDS | |
| 3 | Balaji Amines Ltd. | BALAMINES | 3 | Castrol India Ltd. | CASTROLIND | |
| 4 | Balrampur Chini Mills Ltd. | BALRAMCHIN | 4 | Crompton Greaves Consumer Electricals Ltd. | CROMPTON | |
| 5 | Bikaji Foods International Ltd. | BIKAJI | 5 | Five-Star Business Finance Ltd. | FIVESTAR | |
| 6 | Birla Corporation Ltd. | BIRLACORPN | 6 | Great Eastern Shipping Co. Ltd. | GESHIP | |
| 7 | Campus Activewear Ltd. | CAMPUS | 7 | Gujarat Mineral Development Corporation Ltd. | GMDCLTD | |
| 8 | Deepak Fertilisers & Petrochemicals Corp. Ltd. | DEEPAKFERT | 8 | Gujarat State Petronet Ltd. | GSPL | |
| 9 | Easy Trip Planners Ltd. | EASEMYTRIP | 9 | Himadri Speciality Chemical Ltd. | HSCL | |
| 10 | Elgi Equipments Ltd. | ELGIEQUIP | 10 | Honasa Consumer Ltd. | HONASA | |
| 11 | Granules India Ltd. | GRANULES | 11 | IRCON International Ltd. | IRCON | |
| 12 | IDBI Bank Ltd. | IDBI | 12 | ITI Ltd. | ITI | |
| 13 | JK Lakshmi Cement Ltd. | JKLAKSHMI | 13 | Jammu & Kashmir Bank Ltd. | J&KBANK | |
| 14 | Jubilant Ingrevia Ltd. | JUBLINGREA | 14 | Narayana Hrudayalaya Ltd. | NH | |
| 15 | Kalyan Jewellers India Ltd. | KALYANKJIL | 15 | Navin Fluorine International Ltd. | NAVINFLUOR | |
| 16 | KEI Industries Ltd. | KEI | 16 | NCC Ltd. | NCC | |
| 17 | KRBL Ltd. | KRBL | 17 | Nippon Life India Asset Management Ltd. | NAM-INDIA | |
| 18 | Latent View Analytics Ltd. | LATENTVIEW | 18 | Olectra Greentech Ltd. | OLECTRA | |
| 19 | Laxmi Organic Industries Ltd. | LXCHEM | 19 | R R Kabel Ltd. | RRKABEL | |
| 20 | Medplus Health Services Ltd. | MEDPLUS | 20 | Ramkrishna Forgings Ltd. | RKFORGE | |
| 21 | Metropolis Healthcare Ltd. | METROPOLIS | 21 | Shyam Metalics and Energy Ltd. | SHYAMMETL | |
| 22 | Route Mobile Ltd. | ROUTE | 22 | Swan Energy Ltd. | SWANENERGY | |
| 23 | SJVN Ltd. | SJVN | 23 | Tata Investment Corporation Ltd. | TATAINVEST | |
| 24 | Suzlon Energy Ltd. | SUZLON | 24 | Titagarh Rail Systems Ltd. | TITAGARH | |
| 25 | UTI Asset Management Company Ltd. | UTIAMC | 25 | Trident Ltd. | TRIDENT | |
| 26 | V.I.P. Industries Ltd. | VIPIND | 26 | Ujjivan Small Finance Bank Ltd. | UJJIVANSFB | |
NIFTY 200
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Adani Wilmar Ltd. | AWL | 1 | Bank of Maharashtra | MAHABANK | |
| 2 | Bata India Ltd. | BATAINDIA | 2 | GMR Airports Infrastructure Ltd. | GMRINFRA | |
| 3 | Coromandel International Ltd. | COROMANDEL | 3 | IDBI Bank Ltd. | IDBI | |
| 4 | Crompton Greaves Consumer Electricals Ltd. | CROMPTON | 4 | Indian Renewable Energy Development Agency Ltd. | IREDA | |
| 5 | Devyani International Ltd. | DEVYANI | 5 | Jio Financial Services Ltd. | JIOFIN | |
| 6 | Gujarat Fluorochemicals Ltd. | FLUOROCHEM | 6 | JSW Infrastructure Ltd. | JSWINFRA | |
| 7 | Motherson Sumi Wiring India Ltd. | MSUMI | 7 | Kalyan Jewellers India Ltd. | KALYANKJIL | |
| 8 | Muthoot Finance Ltd. | MUTHOOTFIN | 8 | Oracle Financial Services Software Ltd. | OFSS | |
| 9 | Navin Fluorine International Ltd. | NAVINFLUOR | 9 | SJVN Ltd. | SJVN | |
| 10 | Procter & Gamble Hygiene & Health Care Ltd. | PGHH | 10 | Supreme Industries Ltd. | SUPREMEIND | |
| 11 | The Ramco Cements Ltd. | RAMCOCEM | 11 | Suzlon Energy Ltd. | SUZLON | |
| 12 | United Breweries Ltd. | UBL | 12 | Tata Technologies Ltd. | TATATECH | |
NIFTY LARGEMIDCAP 250
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Aarti Industries Ltd. | AARTIIND | 1 | IDBI Bank Ltd. | IDBI | |
| 2 | Blue Dart Express Ltd. | BLUEDART | 2 | Indian Renewable Energy Development Agency Ltd. | IREDA | |
| 3 | Crompton Greaves Consumer Electricals Ltd. | CROMPTON | 3 | Jio Financial Services Ltd. | JIOFIN | |
| 4 | Navin Fluorine International Ltd. | NAVINFLUOR | 4 | JSW Infrastructure Ltd. | JSWINFRA | |
| 5 | Pfizer Ltd. | PFIZER | 5 | Kalyan Jewellers India Ltd. | KALYANKJIL | |
| 6 | Rajesh Exports Ltd. | RAJESHEXPO | 6 | KEI Industries Ltd. | KEI | |
| 7 | Relaxo Footwears Ltd. | RELAXO | 7 | Lloyds Metals And Energy Ltd. | LLOYDSME | |
| 8 | Trident Ltd. | TRIDENT | 8 | SJVN Ltd. | SJVN | |
| 9 | Vinati Organics Ltd. | VINATIORGA | 9 | Suzlon Energy Ltd. | SUZLON | |
| 10 | Whirlpool of India Ltd. | WHIRLPOOL | 10 | Tata Technologies Ltd. | TATATECH | |
NIFTY MIDSMALLCAP 400
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Aarti Drugs Ltd. | AARTIDRUGS | 1 | Action Construction Equipment Ltd. | ACE | |
| 2 | Adani Power Ltd. | ADANIPOWER | 2 | Adani Wilmar Ltd. | AWL | |
| 3 | Brightcom Group Ltd. | BCG | 3 | Anand Rathi Wealth Ltd. | ANANDRATHI | |
| 4 | Delta Corp Ltd. | DELTACORP | 4 | AstraZenca Pharma India Ltd. | ASTRAZEN | |
| 5 | Epigral Ltd. | EPIGRAL | 5 | Caplin Point Laboratories Ltd. | CAPLIPOINT | |
| 6 | G R Infraprojects Ltd. | GRINFRA | 6 | Cello World Ltd. | CELLO | |
| 7 | Galaxy Surfactants Ltd. | GALAXYSURF | 7 | Chennai Petroleum Corporation Ltd. | CHENNPETRO | |
| 8 | Go Fashion (India) Ltd. | GOCOLORS | 8 | DOMS Industries Ltd. | DOMS | |
| 9 | Gujarat Alkalies & Chemicals Ltd. | GUJALKALI | 9 | Elecon Engineering Co. Ltd. | ELECON | |
| 10 | HLE Glascoat Ltd. | HLEGLAS | 10 | Garden Reach Shipbuilders & Engineers Ltd. | GRSE | |
| 11 | Indian Railway Finance Corporation Ltd. | IRFC | 11 | Gujarat Mineral Development Corporation Ltd. | GMDCLTD | |
| 12 | Infibeam Avenues Ltd. | INFIBEAM | 12 | Happy Forgings Ltd. | HAPPYFORGE | |
| 13 | Ingersoll Rand (India) Ltd. | INGERRAND | 13 | HBL Power Systems Ltd. | HBLPOWER | |
| 14 | Jamna Auto Industries Ltd. | JAMNAAUTO | 14 | Himadri Speciality Chemical Ltd. | HSCL | |
| 15 | Lakshmi Machine Works Ltd. | LAXMIMACH | 15 | Honasa Consumer Ltd. | HONASA | |
| 16 | Lux Industries Ltd. | LUXIND | 16 | Indian Renewable Energy Development Agency Ltd. | IREDA | |
| 17 | Nazara Technologies Ltd. | NAZARA | 17 | Inox Wind Ltd. | INOXWIND | |
| 18 | Orient Electric Ltd. | ORIENTELEC | 18 | Jai Balaji Industries Ltd. | JAIBALAJI | |
| 19 | Pfizer Ltd. | PFIZER | 19 | Jammu & Kashmir Bank Ltd. | J&KBANK | |
| 20 | Polyplex Corporation Ltd. | POLYPLEX | 20 | JSW Infrastructure Ltd. | JSWINFRA | |
| 21 | Power Finance Corporation Ltd. | PFC | 21 | Jupiter Wagons Ltd. | JWL | |
| 22 | Procter & Gamble Health Ltd. | PGHL | 22 | Lloyds Metals And Energy Ltd. | LLOYDSME | |
| 23 | Rain Industries Ltd | RAIN | 23 | Maharashtra Seamless Ltd. | MAHSEAMLES | |
| 24 | Rallis India Ltd. | RALLIS | 24 | Muthoot Finance Ltd. | MUTHOOTFIN | |
| 25 | REC Ltd. | RECLTD | 25 | Nuvama Wealth Management Ltd. | NUVAMA | |
| 26 | Relaxo Footwears Ltd. | RELAXO | 26 | PI Industries Ltd. | PIIND | |
| 27 | Rossari Biotech Ltd. | ROSSARI | 27 | Procter & Gamble Hygiene & Health Care Ltd. | PGHH | |
| 28 | Sharda Cropchem Ltd. | SHARDACROP | 28 | R R Kabel Ltd. | RRKABEL | |
| 29 | Sheela Foam Ltd. | SFL | 29 | Railtel Corporation Of India Ltd. | RAILTEL | |
| 30 | Shoppers Stop Ltd. | SHOPERSTOP | 30 | Ramkrishna Forgings Ltd. | RKFORGE | |
| 31 | Suprajit Engineering Ltd. | SUPRAJIT | 31 | SBFC Finance Ltd. | SBFC | |
| 32 | Symphony Ltd. | SYMPHONY | 32 | Schneider Electric Infrastructure Ltd. | SCHNEIDER | |
| 33 | Teamlease Services Ltd. | TEAMLEASE | 33 | Signatureglobal (India) Ltd. | SIGNATURE | |
| 34 | TTK Prestige Ltd. | TTKPRESTIG | 34 | Tamilnad Mercantile Bank Ltd. | TMB | |
| 35 | V-Guard Industries Ltd. | VGUARD | 35 | Tata Technologies Ltd. | TATATECH | |
| 36 | Vinati Organics Ltd. | VINATIORGA | 36 | Titagarh Rail Systems Ltd. | TITAGARH | |
| 37 | V-Mart Retail Ltd. | VMART | 37 | TVS Supply Chain Solutions Ltd. | TVSSCS | |
| 38 | Zydus Wellness Ltd. | ZYDUSWELL | 38 | UPL Ltd. | UPL | |
NIFTY MICROCAP 250
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Action Construction Equipment Ltd. | ACE | 1 | Aarti Drugs Ltd. | AARTIDRUGS | |
| 2 | Allcargo Gati Ltd. | ACLGATI | 2 | ASK Automotive Ltd. | ASKAUTOLTD | |
| 3 | Anand Rathi Wealth Ltd. | ANANDRATHI | 3 | Azad Engineering Ltd. | AZAD | |
| 4 | Apcotex Industries Ltd. | APCOTEXIND | 4 | Banco Products (India) Ltd. | BANCOINDIA | |
| 5 | Apollo Pipes Ltd. | APOLLOPIPE | 5 | Blue Jet Healthcare Ltd. | BLUEJET | |
| 6 | Astec LifeSciences Ltd. | ASTEC | 6 | Brightcom Group Ltd. | BCG | |
| 7 | AstraZenca Pharma India Ltd. | ASTRAZEN | 7 | Cyient DLM Ltd. | CYIENTDLM | |
| 8 | Automotive Axles Ltd. | AUTOAXLES | 8 | Delta Corp Ltd. | DELTACORP | |
| 9 | Caplin Point Laboratories Ltd. | CAPLIPOINT | 9 | Dhanuka Agritech Ltd. | DHANUKA | |
| 10 | Carysil Ltd. | CARYSIL | 10 | Epigral Ltd. | EPIGRAL | |
| 11 | Chennai Petroleum Corporation Ltd. | CHENNPETRO | 11 | ESAF Small Finance Bank Ltd. | ESAFSFB | |
| 12 | Cosmo First Ltd. | COSMOFIRST | 12 | Fedbank Financial Services Ltd. | FEDFINA | |
| 13 | Divgi Torqtransfer Systems Ltd. | DIVGIITTS | 13 | Flair Writing Industries Ltd. | FLAIR | |
| 14 | Dollar Industries Ltd. | DOLLAR | 14 | G R Infraprojects Ltd. | GRINFRA | |
| 15 | Dwarikesh Sugar Industrial Ltd. | DWARKESH | 15 | Galaxy Surfactants Ltd. | GALAXYSURF | |
| 16 | Elecon Engineering Co. Ltd. | ELECON | 16 | Garware Hi-Tech Films Ltd. | GRWRHITECH | |
| 17 | ESAB India Ltd. | ESABINDIA | 17 | Go Fashion (India) Ltd. | GOCOLORS | |
| 18 | Fino Payments Bank Ltd. | FINOPB | 18 | Gujarat Alkalies & Chemicals Ltd. | GUJALKALI | |
| 19 | Garden Reach Shipbuilders & Engineers Ltd. | GRSE | 19 | Gulf Oil Lubricants India Ltd. | GULFOILLUB | |
| 20 | Garware Technical Fibres Ltd. | GARFIBRES | 20 | HLE Glascoat Ltd. | HLEGLAS | |
| 21 | GE T&D India Ltd. | GET&D | 21 | HMA Agro Industries Ltd. | HMAAGRO | |
| 22 | Greenlam Industries Ltd. | GREENLAM | 22 | Ideaforge Technology Ltd. | IDEAFORGE | |
| 23 | Gujarat Mineral Development Corporation Ltd. | GMDCLTD | 23 | IIFL Securities Ltd. | IIFLSEC | |
| 24 | Harsha Engineers International Ltd. | HARSHA | 24 | India Pesticides Ltd. | IPL | |
| 25 | HBL Power Systems Ltd. | HBLPOWER | 25 | India Shelter Finance Corporation Ltd. | INDIASHLTR | |
| 26 | Healthcare Global Enterprises Ltd. | HCG | 26 | Infibeam Avenues Ltd. | INFIBEAM | |
| 27 | HIL Ltd. | HIL | 27 | Ingersoll Rand (India) Ltd. | INGERRAND | |
| 28 | Himadri Speciality Chemical Ltd. | HSCL | 28 | INOX India Ltd. | INOXINDIA | |
| 29 | Hinduja Global Solutions Ltd. | HGS | 29 | Jamna Auto Industries Ltd. | JAMNAAUTO | |
| 30 | Hindustan Foods Ltd. | HNDFDS | 30 | JSW Holdings Ltd. | JSWHL | |
| 31 | Inox Wind Ltd. | INOXWIND | 31 | Jupiter Life Line Hospitals Ltd. | JLHL | |
| 32 | Jammu & Kashmir Bank Ltd. | J&KBANK | 32 | Kesoram Industries Ltd. | KESORAMIND | |
| 33 | Jindal Poly Films Ltd. | JINDALPOLY | 33 | KPI Green Energy Ltd. | KPIGREEN | |
| 34 | Jupiter Wagons Ltd. | JWL | 34 | Lux Industries Ltd. | LUXIND | |
| 35 | Kewal Kiran Clothing Ltd. | KKCL | 35 | Muthoot Microfin Ltd. | MUTHOOTMF | |
| 36 | Kiri Industries Ltd. | KIRIINDUS | 36 | Nazara Technologies Ltd. | NAZARA | |
| 37 | Kirloskar Pneumatic Company Ltd. | KIRLPNU | 37 | Netweb Technologies India Ltd. | NETWEB | |
| 38 | Maharashtra Seamless Ltd. | MAHSEAMLES | 38 | NIIT Learning Systems Ltd. | NIITMTS | |
| 39 | Mayur Uniquoters Ltd. | MAYURUNIQ | 39 | Nucleus Software Exports Ltd. | NUCLEUS | |
| 40 | Meghmani Organics Ltd. | MOL | 40 | Orient Electric Ltd. | ORIENTELEC | |
| 41 | Mold-Tek Packaging Ltd. | MOLDTKPAC | 41 | Orissa Min Dev Co Ltd. | ORISSAMINE | |
| 42 | Neogen Chemicals Ltd. | NEOGEN | 42 | Patel Engineering Ltd. | PATELENG | |
| 43 | Privi Speciality Chemicals Ltd. | PRIVISCL | 43 | Polyplex Corporation Ltd. | POLYPLEX | |
| 44 | Prudent Corporate Advisory Services Ltd. | PRUDENT | 44 | Puravankara Ltd. | PURVA | |
| 45 | PTC Industries Ltd. | PTCIL | 45 | Rain Industries Ltd | RAIN | |
| 46 | Railtel Corporation Of India Ltd. | RAILTEL | 46 | Rallis India Ltd. | RALLIS | |
| 47 | Rajratan Global Wire Ltd. | RAJRATAN | 47 | Redtape Ltd. | REDTAPE | |
| 48 | Ramkrishna Forgings Ltd. | RKFORGE | 48 | Rossari Biotech Ltd. | ROSSARI | |
| 49 | Rolex Rings Ltd. | ROLEXRINGS | 49 | Sagar Cements Ltd. | SAGCEM | |
| 50 | Rupa & Company Ltd. | RUPA | 50 | Sai Silks (Kalamandir) Ltd. | KALAMANDIR | |
| 51 | Saksoft Ltd. | SAKSOFT | 51 | Samhi Hotels Ltd. | SAMHI | |
| 52 | SBFC Finance Ltd. | SBFC | 52 | Sandur Manganese & Iron Ores Ltd. | SANDUMA | |
| 53 | Schneider Electric Infrastructure Ltd. | SCHNEIDER | 53 | Sanghi Industries Ltd. | SANGHIIND | |
| 54 | Shanthi Gears Ltd. | SHANTIGEAR | 54 | Sanghvi Movers Ltd. | SANGHVIMOV | |
| 55 | SIS Ltd. | SIS | 55 | Senco Gold Ltd. | SENCO | |
| 56 | Siyaram Silk Mills Ltd. | SIYSIL | 56 | Sharda Motor Industries Ltd. | SHARDAMOTR | |
| 57 | Somany Ceramics Ltd. | SOMANYCERA | 57 | Sheela Foam Ltd. | SFL | |
| 58 | Styrenix Performance Materials Ltd. | STYRENIX | 58 | Shoppers Stop Ltd. | SHOPERSTOP | |
| 59 | Subex Ltd. | SUBEXLTD | 59 | Sindhu Trade Links Ltd. | SINDHUTRAD | |
| 60 | Supreme Petrochem Ltd. | SPLPETRO | 60 | Sundaram Clayton Ltd. | SUNCLAY | |
| 61 | Tamilnad Mercantile Bank Ltd. | TMB | 61 | Suprajit Engineering Ltd. | SUPRAJIT | |
| 62 | Tatva Chintan Pharma Chem Ltd. | TATVA | 62 | TARC Ltd. | TARC | |
| 63 | TCI Express Ltd. | TCIEXP | 63 | Teamlease Services Ltd. | TEAMLEASE | |
| 64 | Technocraft Industries (India) Ltd. | TIIL | 64 | Texmaco Rail & Eng. Ltd. | TEXRAIL | |
| 65 | Thyrocare Technologies Ltd. | THYROCARE | 65 | TTK Prestige Ltd. | TTKPRESTIG | |
| 66 | Titagarh Rail Systems Ltd. | TITAGARH | 66 | Utkarsh Small Finance Bank Ltd. | UTKARSHBNK | |
| 67 | Transport Corporation of India Ltd. | TCI | 67 | V-Guard Industries Ltd. | VGUARD | |
| 68 | TVS Supply Chain Solutions Ltd. | TVSSCS | 68 | V-Mart Retail Ltd. | VMART | |
| 69 | Unichem Laboratories Ltd. | UNICHEMLAB | 69 | Yatharth Hospital & Trauma Care Services Ltd. | YATHARTH | |
| 70 | Vesuvius India Ltd. | VESUVIUS | 70 | Zydus Wellness Ltd. | ZYDUSWELL | |
NIFTY TOTAL MARKET
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Allcargo Gati Ltd. | ACLGATI | 1 | ASK Automotive Ltd. | ASKAUTOLTD | |
| 2 | Apcotex Industries Ltd. | APCOTEXIND | 2 | Azad Engineering Ltd. | AZAD | |
| 3 | Apollo Pipes Ltd. | APOLLOPIPE | 3 | Banco Products (India) Ltd. | BANCOINDIA | |
| 4 | Astec LifeSciences Ltd. | ASTEC | 4 | Blue Jet Healthcare Ltd. | BLUEJET | |
| 5 | Automotive Axles Ltd. | AUTOAXLES | 5 | Cello World Ltd. | CELLO | |
| 6 | Carysil Ltd. | CARYSIL | 6 | Cyient DLM Ltd. | CYIENTDLM | |
| 7 | Cosmo First Ltd. | COSMOFIRST | 7 | Dhanuka Agritech Ltd. | DHANUKA | |
| 8 | Divgi Torqtransfer Systems Ltd. | DIVGIITTS | 8 | DOMS Industries Ltd. | DOMS | |
| 9 | Dollar Industries Ltd. | DOLLAR | 9 | ESAF Small Finance Bank Ltd. | ESAFSFB | |
| 10 | Dwarikesh Sugar Industrial Ltd. | DWARKESH | 10 | Fedbank Financial Services Ltd. | FEDFINA | |
| 11 | ESAB India Ltd. | ESABINDIA | 11 | Flair Writing Industries Ltd. | FLAIR | |
| 12 | Fino Payments Bank Ltd. | FINOPB | 12 | Garware Hi-Tech Films Ltd. | GRWRHITECH | |
| 13 | Garware Technical Fibres Ltd. | GARFIBRES | 13 | Gulf Oil Lubricants India Ltd. | GULFOILLUB | |
| 14 | GE T&D India Ltd. | GET&D | 14 | Happy Forgings Ltd. | HAPPYFORGE | |
| 15 | Greenlam Industries Ltd. | GREENLAM | 15 | HMA Agro Industries Ltd. | HMAAGRO | |
| 16 | Harsha Engineers International Ltd. | HARSHA | 16 | Honasa Consumer Ltd. | HONASA | |
| 17 | Healthcare Global Enterprises Ltd. | HCG | 17 | Ideaforge Technology Ltd. | IDEAFORGE | |
| 18 | HIL Ltd. | HIL | 18 | IIFL Securities Ltd. | IIFLSEC | |
| 19 | Hinduja Global Solutions Ltd. | HGS | 19 | India Pesticides Ltd. | IPL | |
| 20 | Hindustan Foods Ltd. | HNDFDS | 20 | India Shelter Finance Corporation Ltd. | INDIASHLTR | |
| 21 | Jindal Poly Films Ltd. | JINDALPOLY | 21 | Indian Renewable Energy Development Agency Ltd. | IREDA | |
| 22 | Kewal Kiran Clothing Ltd. | KKCL | 22 | INOX India Ltd. | INOXINDIA | |
| 23 | Kiri Industries Ltd. | KIRIINDUS | 23 | Jai Balaji Industries Ltd. | JAIBALAJI | |
| 24 | Kirloskar Pneumatic Company Ltd. | KIRLPNU | 24 | Jio Financial Services Ltd. | JIOFIN | |
| 25 | Lakshmi Machine Works Ltd. | LAXMIMACH | 25 | JSW Holdings Ltd. | JSWHL | |
| 26 | Mayur Uniquoters Ltd. | MAYURUNIQ | 26 | JSW Infrastructure Ltd. | JSWINFRA | |
| 27 | Meghmani Organics Ltd. | MOL | 27 | Jupiter Life Line Hospitals Ltd. | JLHL | |
| 28 | Mold-Tek Packaging Ltd. | MOLDTKPAC | 28 | Kesoram Industries Ltd. | KESORAMIND | |
| 29 | Neogen Chemicals Ltd. | NEOGEN | 29 | KPI Green Energy Ltd. | KPIGREEN | |
| 30 | Pfizer Ltd. | PFIZER | 30 | Lloyds Metals And Energy Ltd. | LLOYDSME | |
| 31 | Privi Speciality Chemicals Ltd. | PRIVISCL | 31 | Muthoot Microfin Ltd. | MUTHOOTMF | |
| 32 | Procter & Gamble Health Ltd. | PGHL | 32 | Netweb Technologies India Ltd. | NETWEB | |
| 33 | Prudent Corporate Advisory Services Ltd. | PRUDENT | 33 | NIIT Learning Systems Ltd. | NIITMTS | |
| 34 | PTC Industries Ltd. | PTCIL | 34 | Nucleus Software Exports Ltd. | NUCLEUS | |
| 35 | Rajratan Global Wire Ltd. | RAJRATAN | 35 | Nuvama Wealth Management Ltd. | NUVAMA | |
| 36 | Relaxo Footwears Ltd. | RELAXO | 36 | Orissa Min Dev Co Ltd. | ORISSAMINE | |
| 37 | Rolex Rings Ltd. | ROLEXRINGS | 37 | Patel Engineering Ltd. | PATELENG | |
| 38 | Rupa & Company Ltd. | RUPA | 38 | Puravankara Ltd. | PURVA | |
| 39 | Saksoft Ltd. | SAKSOFT | 39 | R R Kabel Ltd. | RRKABEL | |
| 40 | Shanthi Gears Ltd. | SHANTIGEAR | 40 | Redtape Ltd. | REDTAPE | |
| 41 | Sharda Cropchem Ltd. | SHARDACROP | 41 | Sagar Cements Ltd. | SAGCEM | |
| 42 | SIS Ltd. | SIS | 42 | Sai Silks (Kalamandir) Ltd. | KALAMANDIR | |
| 43 | Siyaram Silk Mills Ltd. | SIYSIL | 43 | Samhi Hotels Ltd. | SAMHI | |
| 44 | Somany Ceramics Ltd. | SOMANYCERA | 44 | Sandur Manganese & Iron Ores Ltd. | SANDUMA | |
| 45 | Styrenix Performance Materials Ltd. | STYRENIX | 45 | Sanghi Industries Ltd. | SANGHIIND | |
| 46 | Subex Ltd. | SUBEXLTD | 46 | Sanghvi Movers Ltd. | SANGHVIMOV | |
| 47 | Supreme Petrochem Ltd. | SPLPETRO | 47 | Senco Gold Ltd. | SENCO | |
| 48 | Symphony Ltd. | SYMPHONY | 48 | Sharda Motor Industries Ltd. | SHARDAMOTR | |
| 49 | Tatva Chintan Pharma Chem Ltd. | TATVA | 49 | Signatureglobal (India) Ltd. | SIGNATURE | |
| 50 | TCI Express Ltd. | TCIEXP | 50 | Sindhu Trade Links Ltd. | SINDHUTRAD | |
| 51 | Technocraft Industries (India) Ltd. | TIIL | 51 | Sundaram Clayton Ltd. | SUNCLAY | |
| 52 | Thyrocare Technologies Ltd. | THYROCARE | 52 | TARC Ltd. | TARC | |
| 53 | Transport Corporation of India Ltd. | TCI | 53 | Tata Technologies Ltd. | TATATECH | |
| 54 | Unichem Laboratories Ltd. | UNICHEMLAB | 54 | Texmaco Rail & Eng. Ltd. | TEXRAIL | |
| 55 | Vesuvius India Ltd. | VESUVIUS | 55 | Utkarsh Small Finance Bank Ltd. | UTKARSHBNK | |
| 56 | Vinati Organics Ltd. | VINATIORGA | 56 | Yatharth Hospital & Trauma Care Services Ltd. | YATHARTH | |
Replacements on account of semi-annual review of sectoral indices are as follows:
NIFTY AUTO
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Sona BLW Precision Forgings Ltd. | SONACOMS | 1 | Apollo Tyres Ltd. | APOLLOTYRE | |
| 2 | Tube Investments of India Ltd. | TIINDIA | 2 | Exide Industries Ltd. | EXIDEIND | |
| 3 | Tata Motors Ltd. DVR | TATAMTRDVR | ||||
NIFTY CONSUMER DURABLES
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Orient Electric Ltd. | ORIENTELEC | 1 | Century Plyboards (India) Ltd. | CENTURYPLY | |
| 2 | Relaxo Footwears Ltd. | RELAXO | 2 | Cera Sanitaryware Ltd | CERA | |
| 3 | TTK Prestige Ltd. | TTKPRESTIG | 3 | Kalyan Jewellers India Ltd. | KALYANKJIL | |
| 4 | V-Guard Industries Ltd. | VGUARD | 4 | V.I.P. Industries Ltd. | VIPIND | |
NIFTY FINANCIAL SERVICES
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Indian Energy Exchange Ltd. | IEX | 1 | IDFC Ltd. | IDFC | |
NIFTY FINANCIAL SERVICES EX-BANK
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Aavas Financiers Ltd. | AAVAS | 1 | Can Fin Homes Ltd. | CANFINHOME | |
| 2 | Central Depository Services (India) Ltd. | CDSL | 2 | Jio Financial Services Ltd. | JIOFIN | |
| 3 | Life Insurance Corporation of India | LICI | 3 | L&T Finance Holdings Ltd. | L&TFH | |
| 4 | Poonawalla Fincorp Ltd. | POONAWALLA | 4 | Manappuram Finance Ltd. | MANAPPURAM | |
NIFTY FMCG
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Emami Ltd. | EMAMILTD | 1 | Balrampur Chini Mills Ltd. | BALRAMCHIN | |
NIFTY MEDIA
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | D.B.Corp Ltd. | DBCORP | 1 | Tips Industries Ltd. | TIPSINDLTD | |
NIFTY PHARMA
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Glaxosmithkline Pharmaceuticals Ltd. | GLAXO | 1 | J.B. Chemicals & Pharmaceuticals Ltd. | JBCHEPHARM | |
| 2 | Pfizer Ltd. | PFIZER | 2 | Mankind Pharma Ltd. | MANKIND | |
NIFTY REALTY
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Swan Energy Ltd. | SWANENERGY | 1 | Sunteck Realty Ltd. | SUNTECK | |
NIFTY MIDSMALL FINANCIAL SERVICES
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Aavas Financiers Ltd. | AAVAS | 1 | BSE Ltd. | BSE | |
| 2 | CRISIL Ltd. | CRISIL | 2 | Can Fin Homes Ltd. | CANFINHOME | |
| 3 | Power Finance Corporation Ltd. | PFC | 3 | Muthoot Finance Ltd. | MUTHOOTFIN | |
| 4 | REC Ltd. | RECLTD | 4 | Union Bank of India | UNIONBANK | |
NIFTY MIDSMALL HEALTHCARE
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Pfizer Ltd. | PFIZER | 1 | Aster DM Healthcare Ltd. | ASTERDM | |
NIFTY MIDSMALL IT & TELECOM
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Route Mobile Ltd. | ROUTE | 1 | Tata Technologies Ltd. | TATATECH | |
Replacements on account of semi-annual review of thmatic indices are as follows:
NIFTY COMMODITIES
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Navin Fluorine International Ltd. | NAVINFLUOR | ||||
| 2 | Adani Energy Solutions Ltd. | ADANIENSOL | ||||
NIFTY HOUSING
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | City Union Bank Ltd. | CUB | 1 | Adani Energy Solutions Ltd. | ADANIENSOL | |
| 2 | Kajaria Ceramics Ltd. | KAJARIACER | 2 | Union Bank of India | UNIONBANK | |
NIFTY CORE HOUSING
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Whirlpool of India Ltd. | WHIRLPOOL | 1 | Finolex Cables Ltd. | FINCABLES | |
NIFTY INDIA CONSUMPTION
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Page Industries Ltd. | PAGEIND | 1 | Zomato Ltd. | ZOMATO | |
NIFTY INDIA DEFENCE
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Ideaforge Technology Ltd. | IDEAFORGE | ||||
NIFTY INDIA MANUFACTURING
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Chambal Fertilizers & Chemicals Ltd. | CHAMBLFERT | 1 | Castrol India Ltd. | CASTROLIND | |
| 2 | Gujarat Fluorochemicals Ltd. | FLUOROCHEM | 2 | Century Textile & Industries Ltd. | CENTURYTEX | |
| 3 | Hindustan Copper Ltd. | HINDCOPPER | 3 | Grindwell Norton Ltd. | GRINDWELL | |
| 4 | Relaxo Footwears Ltd. | RELAXO | 4 | Suzlon Energy Ltd. | SUZLON | |
| 5 | Timken India Ltd. | TIMKEN | ||||
| 6 | Trident Ltd. | TRIDENT | ||||
NIFTY INFRASTRUCTURE
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | ACC Ltd. | ACC | ||||
| 2 | Bharat Forge Ltd. | BHARATFORG | ||||
NIFTY MNC
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Kansai Nerolac Paints Ltd. | KANSAINER | 1 | Escorts Kubota Ltd. | ESCORTS | |
| 2 | Pfizer Ltd. | PFIZER | 2 | J.B. Chemicals & Pharmaceuticals Ltd. | JBCHEPHARM | |
NIFTY SERVICES SECTOR
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Adani Energy Solutions Ltd. | ADANIENSOL | 1 | Jio Financial Services Ltd. | JIOFIN | |
| 2 | ICICI Lombard General Insurance Company Ltd. | ICICIGI | 2 | Zomato Ltd. | ZOMATO | |
NIFTY TRANSPORTATION & LOGISTICS
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Grindwell Norton Ltd. | GRINDWELL | 1 | GMR Airports Infrastructure Ltd. | GMRINFRA | |
NIFTY MIDSMALL INDIA CONSUMPTION
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Aditya Birla Fashion and Retail Ltd. | ABFRL | 1 | Mankind Pharma Ltd. | MANKIND | |
| 2 | Pfizer Ltd. | PFIZER | 2 | Prestige Estates Projects Ltd. | PRESTIGE | |
| 3 | Relaxo Footwears Ltd. | RELAXO | 3 | Procter & Gamble Hygiene & Health Care Ltd. | PGHH | |
NIFTY100 LIQUID 15
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | HCL Technologies Ltd. | HCLTECH | 1 | Coal India Ltd. | COALINDIA | |
| 2 | LTIMindtree Ltd. | LTIM | 2 | Shriram Finance Ltd. | SHRIRAMFIN | |
NIFTY MIDCAP LIQUID 15
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Astral Ltd. | ASTRAL | 1 | Dixon Technologies (India) Ltd. | DIXON | |
| 2 | Cummins India Ltd. | CUMMINSIND | 2 | Lupin Ltd. | LUPIN | |
| 3 | Power Finance Corporation Ltd. | PFC | 3 | Page Industries Ltd. | PAGEIND | |
| 4 | Voltas Ltd. | VOLTAS | 4 | Polycab India Ltd. | POLYCAB | |
| 5 | Zee Entertainment Enterprises Ltd. | ZEEL | 5 | UPL Ltd. | UPL | |
NIFTY TATA GROUP 25% CAP
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | Tata Motors Ltd. DVR | TATAMTRDVR | ||||
Replacements on account of quarterly review of thmatic indices are as follows:
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | AVSL Industries Ltd. | AVSL | 1 | Accent Microcell Ltd. | ACCENTMIC | |
| 2 | Jet Knitwears Ltd. | JETKNIT | 2 | Akanksha Power and Infrastructure Ltd. | AKANKSHA | |
| 3 | Dhanuka Realty Ltd. | DRL | ||||
| 4 | Electro Force (India) Ltd. | EFORCE | ||||
| 5 | Graphisads Ltd. | GRAPHISAD | ||||
| 6 | HRH Next Services Ltd. | HRHNEXT | ||||
| 7 | IBL Finance Ltd. | IBLFL | ||||
| 8 | Indifra Ltd. | INDIFRA | ||||
| 9 | Innovative Tyres and Tubes Ltd. | INNOVATIVE | ||||
| 10 | Kaushalya Logistics Ltd. | KLL | ||||
| 11 | Kay Cee Energy & Infra Ltd. | KCEIL | ||||
| 12 | Marinetrans India Ltd. | MARINETRAN | ||||
| 13 | Net Avenue Technologies Ltd. | CBAZAAR | ||||
| 14 | Presstonic Engineering Ltd. | PRESSTONIC | ||||
| 15 | Rockingdeals Circular Economy Ltd. | ROCKINGDCE | ||||
| 16 | S J Logistics (India) Ltd. | SJLOGISTIC | ||||
| 17 | Sameera Agro And Infra Ltd. | SAIFL | ||||
| 18 | Sheetal Universal Ltd. | SHEETAL | ||||
| 19 | Shree OSFM E-Mobility Ltd. | SHREEOSFM | ||||
| 20 | SP Refractories Ltd. | SPRL | ||||
| 21 | Sunrest Lifescience Ltd. | SUNREST | ||||
| 22 | Supreme Power Equipment Ltd. | SUPREMEPWR | ||||
| 23 | Trident Techlabs Ltd. | TECHLABS | ||||
Replacements on account of semi-annual review of Nifty Growth Sectors 15 index are as follows:
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | TVS Motor Company Ltd. | TVSMOTOR | 1 | Hero MotoCorp Ltd. | HEROMOTOCO | |
Replacements on account of semi-annual review of Nifty Dividend Opportunities 50 index are as follows:
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | ACC Ltd. | ACC | 1 | Bank of Baroda | BANKBARODA | |
| 2 | Bajaj Holdings & Investment Ltd. | BAJAJHLDNG | 2 | Castrol India Ltd. | CASTROLIND | |
| 3 | Bata India Ltd. | BATAINDIA | 3 | Cyient Ltd. | CYIENT | |
| 4 | Chambal Fertilizers & Chemicals Ltd. | CHAMBLFERT | 4 | HDFC Asset Management Company Ltd. | HDFCAMC | |
| 5 | Hindustan Aeronautics Ltd. | HAL | 5 | IDFC Ltd. | IDFC | |
| 6 | Hindustan Petroleum Corporation Ltd. | HINDPETRO | 6 | Indraprastha Gas Ltd. | IGL | |
| 7 | Indus Towers Ltd. | INDUSTOWER | 7 | Mahindra & Mahindra Financial Services Ltd. | M&MFIN | |
| 8 | JSW Steel Ltd. | JSWSTEEL | 8 | NMDC Ltd. | NMDC | |
| 9 | Karur Vysya Bank Ltd. | KARURVYSYA | 9 | Oil India Ltd. | OIL | |
| 10 | Mahanagar Gas Ltd. | MGL | 10 | Oracle Financial Services Software Ltd. | OFSS | |
| 11 | Multi Commodity Exchange of India Ltd. | MCX | 11 | Piramal Enterprises Ltd. | PEL | |
| 12 | Muthoot Finance Ltd. | MUTHOOTFIN | 12 | Shriram Finance Ltd. | SHRIRAMFIN | |
| 13 | Redington Ltd. | REDINGTON | 13 | State Bank of India | SBIN | |
Replacements on account of semi-annual review of Nifty50 Value 20 index are as follows:
| EXCLUDED | INCLUDED | |||||
| Sr. No. | Company Name | Symbol | Sr. No. | Company Name | Symbol | |
| 1 | UPL Ltd. | UPL | 1 | IndusInd Bank Ltd. | INDUSINDBK | |
Conclusion: The recent index replacements announced by NSE represent a notable development in the financial markets, with implications for investors of all types. By understanding the reasons behind these changes and their potential impact, investors can make informed decisions to navigate the evolving landscape effectively. Stay tuned for further updates and insights as these index replacements unfold.
To read the press release issued by NSE, click here.
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