A Oneindia Venture
News Personal finance Gold rates Silver rates Mutual funds IPO MSME
Gold Rates
Silver Rates
Platinum Rates
Fuel Price
Holidays
Banking
Lottery
Calculators
Savings Scheme
Get Updates
Get notified about market trends, financial advice, and investment tips!
English हिन्दी ಕನ್ನಡ മലയാളം தமிழ் తెలుగు
Sensex 73,319.55 +0.25% ↑ Nifty 22,700.30 +0.09% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Sensex 73,319.55 +0.25% ↑ Nifty 22,700.30 +0.09% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Home News Business
NMDC, IndusInd Bank the new Nifty debutantes scale higher
By
Add as a preferred source on Google

Mineral mining company, NMDC and private sector bank IndusInd Bank made their debut among the S&P CNX Nifty stocks today. The two scrips were included in the Nifty from April 1, in place of Wipro and Siemens.

nmdc-indusindbank
NMDC: Quotes, News
BSE 77.98BSE Quote0.17 (-0.22%)
NSE 78.08NSE Quote0.09 (-0.12%)
IndusInd Bank: Quotes, News
BSE 779.20BSE Quote6.55 (-0.84%)
NSE 778.70NSE Quote6.95 (-0.89%)
NMDC was trading higher at Rs 137.65, while IndusInd Bank was also trading higher at Rs 407 on the Bombay Stock Exchange.

The Nifty is widely tracked by investors around the globe and is used for benchmarking fund portfolios
and is more broad based then the BSE Sensex.

Wipro despite being out of the Nifty was trading steady at Rs 453. Analysts were a little worried on how Wipro was excluded from the Nifty though many believe this was largely on account of a restructuring exercise.

In November last year, the Wipro board approved demerger of the non-IT businesses - Wipro Consumer Care & Lighting (including furniture business), Wipro Infrastructure Engineering (hydraulics and water businesses) and Medical Diagnostic Product & Services - into a privately held company to be named ‘Wipro Enterprises Ltd'

Also read why is Wipro being dumped from the Nifty

Nifty is managed by India Index Services & Products Ltd, an NSE-Crisil joint venture.

GoodReturns.in

Share This Article
Story first published: Monday, April 1, 2013, 10:00 [IST]
See More On: nmdc, indusind bank
Other articles published on Apr 1, 2013

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+
Sign Out