Mumbai: Real Estate Investment Trusts and Infrastructure Investment Trusts will be eligible to be included in the Nifty indices with effect from September 30, according to revised eligibility criteria for inclusion released on Monday.
As per the existing rules, all equity shares that are traded on the NSE are eligible for inclusion in the Nifty indices.
The circular also included revisions in the Nifty Next 50. Bank of Baroda, Cholamandalam Investment, Jindal Steel, PI Industries and SAIL will be included in the Nifty Next 50 while Abbott India, Alkem Laboratories, MRF, Petronet LNG, and
will be excluded from the Nifty Next 50. REITs and InvITs can now be included in Nifty indices.