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Nifty 50 Rejig To Reduce Weight Of RIL, TCS, Infosys From Sept. 30

RIL's weight will be 0.11% on the Nifty 50 after the rebalancing, while TCS and Infosys will be at 0.08% and 0.06%, respectively.

Swastika Mukhopadhyay

(Photo: Unsplash)

Reliance Industries Ltd., Infosys Ltd. and Tata Consultancy Services Ltd. are set to see their weight decline in the Nifty 50 index following Adani Enterprises Ltd.'s entry, according to Edelweiss Securities Ltd.

Disclaimer: Adani Enterprises is in the process of acquiring a 49% stake in Quintillion Business Media Ltd., the owner of BQ Prime.

(Corrects an earlier version that misstated the weights of RIL, Infosys and TCS)

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WRITTEN BY
Swastika Mukhopadhyay
Swastika Mukhopadhyay is a desk writer at BQ Prime, who covers markets and ... more
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