Thursday, 22 February 2018

Titan Co, Bajaj Finserv Gain On Inclusion In Nifty 50

Posted by suhani varma on Thursday, February 22, 2018 with No comments



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Bajaj Finserv will become the 11th financial services company to be part of the benchmark.Shares of Titan Co, Bajaj Finserv, andGrasim Industries rose following the inclusion of the stocks in the benchmark Nifty 50, effective Apr 2.

The National Stock Exchange's index management sub-committee informed about the changes after market hours on Wednesday, following its periodic review of the indices.

Bajaj Finserv will become the 11th financial services company to be part of the benchmark, taking the weight of such companies in the 50-stock index to 22%. 
Titan Company Ltd is currently trading at Rs825.80 up by Rs2.9 or 0.35% from its previous closing of Rs822.90 on the BSE.

The scrip opened at Rs821 and has touched a high and low of Rs836.20 and Rs821 respectively. So far 13,29,623 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs73,055.92cr.

Bajaj Finserv Ltd is currently trading at Rs4,998 up by Rs24.65 or 0.5% from its previous closing of Rs4,973.35 on the BSE.

The scrip opened at Rs4,994.80 and has touched a high and low of Rs5,026.75 and Rs4,976.05 respectively. So far 27,854(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs79,143.45cr.

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