LTIMindtree secures spot in Nifty 50 index, to replace HDFC as merger takes effect

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Key Points

The National Stock Exchange (NSE) announced on Tuesday that LTIMindtree will replace Housing Development Finance Corporation (HDFC) in the prestigious Nifty50 index (NSEI) effective from July 13...

Analysts had been anticipating LTIMindtree's inclusion in the Nifty50 index once HDFC ceased trading...

Over the past seven trading sessions, shares of LTIMindtree have experienced a notable 4.5 per cent increase, indicating positive investor sentiment surrounding the company's inclusion in the benchmark index...