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Divi’s Lab, SBI LIfe to replace Bharti Infratel, Zee Ent in Nifty

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Mumbai: Divi’s Laboratories and SBI Life Insurance Company will be included in the Nifty index effective from September 25, the Index Maintenance Sub-Committee of the NSE indices said in a release on Thursday.

Bharti Infratel and Zee Entertainment Enterprises will be excluded from the Nifty with effect from the same date, the release said.

These replacements will also be applicable to the Nifty50 Equal Weight index, said IMSC.

Divi’s Laboratories, NHPC, Page Industries, SBI Life Insurance Company and Shriram Transport Finance will be excluded from the Nifty Next 50, the release said. Adani Green Energy, Alkem Laboratories, Bharti Infratel, Larsen & Toubro Infotech and Tata Consumer Products will be included in the Nifty Next 50.

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