Shares of Bharat Electronics (BEL) and Trent are in the spotlight as both companies are set to be included in the Nifty 50 index from September 30, 2024, following a reorganization by the National Stock Exchange (NSE).
This inclusion could lead to significant inflows for BEL and Trent, with estimates suggesting $647 million and $463 million, respectively. As of Friday, Trent shares closed at Rs 6,950, down 0.62%, while BEL shares rose 0.49% to Rs 306.05. This reshuffle will see Divi's Laboratories and LTIMindtree exit the Nifty 50.