Shriram Finance Ltd was included in Nifty, as it had highest six-month average free-float market capitalisation within eligible universe as a replacement to UPL Ltd, NSE said adding that the changes will become effective from March 28, at close of March 27, 2024.
Jio Financial Services Ltd (JFS) may see $89 million passive inflows on its inclusion in Nifty Next 50. PFC is seen attracting $48 million inflows, Adani Power $45 million, REC $45 million and IRFC $23 million inflows.