Nifty indices rejig: Zomato, Jio Fin to see inflows up to $591 mn; Britannia, BPCL face outflows up to $300 mn on exit
The semi-annual rejig of Nifty indices is set for Thursday, March 27, with Zomato and Jio Financial Services set to enter the Nifty 50 index, driving combined cumulative inflows of $591 million across passive funds, according to Nuvama Alternative & Quantitative Research. Meanwhile, the exclusion of Britannia Industries Ltd. and Bharat Petroleum Corp Ltd. (BPCL)β¦
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