Tuesday, March 5, 2019

Nifty rejig : Britannia to replace HPCL

Britannia Industries will replace state-run oil retailer Hindustan Petroleum Corporation Ltd. to enter the Nifty 50 Index from March 29. 

The replacement will also be applicable to Nifty 50 Equal Weight Index. The indices are reconstituted twice every year based on data for six months ending January and July.