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New-Age Tech Stocks Zomato, Jio Financial Set to Join India’s Nifty 50

Summary by Bloomberg
India’s largest stock exchange will add Zomato Ltd. and Jio Financial Services Ltd. to its flagship index at the end of March, signaling acceptance of new age technology stocks by mainstream investors.

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LatestlyLatestly

Jio Financial, Zomato To Enter National Stock Exchange’s Benchmark Nifty 50 Index From March 28

Jio Financial Services Ltd and Zomato Ltd will enter the National Stock Exchange's benchmark Nifty 50 index from March 28. Jio Financial, Zomato To Enter National Stock Exchange’s Benchmark Nifty 50 Index From March 28.

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BloombergBloomberg

New-Age Tech Stocks Zomato, Jio Financial Set to Join India’s Nifty 50

India’s largest stock exchange will add Zomato Ltd. and Jio Financial Services Ltd. to its flagship index at the end of March, signaling acceptance of new age technology stocks by mainstream investors.

·United States
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EntrackrEntrackr

Zomato joins Nifty 50 in index reshuffle

In a major reshuffle of the Nifty 50 index, Zomato and Jio Financial Services will replace Britannia Industries and Bharat Petroleum Corporation Limited (BPCL). This adjustment is set to take effect on March 31, 2025. The National Stock Exchange (NSE) determines such periodic rebalancing based on the average free-float market capitalization of companies over a six-month period, spanning from August 1 to January 31. This is a major milestone for …

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Bloomberg broke the news in United States on Friday, February 21, 2025.
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