The Nifty 50 index is reviewed twice a year, based on six-month data ending January 31 and July 31. The index represents 50 stocks based on free-float market capitalization and liquidity, with an average impact cost of 0.50% or less for 90% of the observations for a basket size of Rs 10 crore. The next index reshuffle will be effective from September 30.
While LTI Mindtree underperformed the market with just a 6% gain in the last six months, Divi’s Lab gained 38% during this period.
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