Two multibagger stocks eyeing Nifty crown, one is Tata and another PSU

Alongside the exclusion names, LTIMindtree and Divi's will experience an outflow to the tune of $186 million and $213 million, respectively.

For the calculation, indices will consider the average cap cut-off until the end of July. An official announcement will occur in the latter half of August, with the adjustment taking place on September 30.

However, if Sebi approves F&O inclusion for Zomato and Jio Financial Services before the announcement by in August, they will have a higher chance to make it to Nifty than both Trent and BEL, Pagaria said.

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As of now, the only stock closer to BEL is Hindustan Aeronautics (HAL), he said, adding that if the latter outperforms by more than 20% soon and stays there till the end of July, then it will have a higher chance.

Earlier in March-end, Shriram Finance had replaced UPL in a reshuffle.

The has 50 stocks which are selected based on a free-float market capitalisation weighted method, wherein the level of the index reflects the free-float market capitalisation of all stocks in the barometer.

has the highest weightage in Nifty at 11.48%, while , ICICI Bank, Infosys, and L&T are the other top 4 stocks based on weightage in the index.

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