LTI Mindtree s share price rose over 1% and reached a new 52-week high after replacing HDFC on the Nifty 50 index. The change will take effect on July 13.
According to preliminary calculations done by Nuvama, LTIMindtree should see an inflow of approximately $150-160 million from passive funds as a result of the reshuffle
HDFC Bank s merger has led to the replacement of HDFC share price on various indices by LTI Mindtree, Jindal Steel & Power, and other stocks on NSE. The changes will be effective from July 13, 2023.