Effective from Monday 12Jan, Satyam has been replaced from almost all the indices of BSE and NSE. Below is the extract from NSE release for NSE indices.
Do you think it gives u an edge for trading on Monday. Keep a watch on the movement of new stocks entring indices ?
Will we be able to compare Nifty value of friday close to Monday close now, knowing that underlying content has changed ?
Happy Trading
Do you think it gives u an edge for trading on Monday. Keep a watch on the movement of new stocks entring indices ?
Will we be able to compare Nifty value of friday close to Monday close now, knowing that underlying content has changed ?
The Index Maintenance Sub-Committee has decided to make the following changes in various indices during its review. These changes shall become effective from January 12, 2009.
(1)S&P CNX Nifty Index
The following company is being excluded:
1 Satyam Computer Services Ltd.
The following company is being included:
1 Reliance Capital Ltd.
(2) CNX Nifty Junior Index
The following company is being excluded:
1 Reliance Capital Ltd.
The following company is being included:
1 Glenmark Pharmaceuticals Ltd.
(3) CNX 100 Index
The following company is being excluded:
1 Satyam Computer Services Ltd.
The following company is being included:
1 Glenmark Pharmaceuticals Ltd.
(4) S&P CNX 500 Index
The following company is being excluded:
1 Satyam Computer Services Ltd.
The following company is being included:
1 Cairn India Ltd.
(5) CNX IT Index
The following company is being excluded:
1 Satyam Computer Services Ltd.
The following company is being included:
1 Core Projects & Technologies Ltd.
(6) CNX Service Sector Index
The following company is being excluded:
1 Satyam Computer Services Ltd.
The following company is being included:
1 Power Grid Corporation of India Ltd.
(1)S&P CNX Nifty Index
The following company is being excluded:
1 Satyam Computer Services Ltd.
The following company is being included:
1 Reliance Capital Ltd.
(2) CNX Nifty Junior Index
The following company is being excluded:
1 Reliance Capital Ltd.
The following company is being included:
1 Glenmark Pharmaceuticals Ltd.
(3) CNX 100 Index
The following company is being excluded:
1 Satyam Computer Services Ltd.
The following company is being included:
1 Glenmark Pharmaceuticals Ltd.
(4) S&P CNX 500 Index
The following company is being excluded:
1 Satyam Computer Services Ltd.
The following company is being included:
1 Cairn India Ltd.
(5) CNX IT Index
The following company is being excluded:
1 Satyam Computer Services Ltd.
The following company is being included:
1 Core Projects & Technologies Ltd.
(6) CNX Service Sector Index
The following company is being excluded:
1 Satyam Computer Services Ltd.
The following company is being included:
1 Power Grid Corporation of India Ltd.