Nifty50 to exclude BHEL, Idea Cellular from March

Mumbai, Feb 16 (IANS) Stock exchange major, National Stock Exchange (NSE), on Thursday said that Bharat Heavy Electricals Ltd (BHEL) and Idea Cellular will be excluded from its benchmark Nifty50 index.

According to the NSE, the two companies’ scrip will be replaced by those of Indiabulls Housing Finance and Indian Oil Corporation from March 31, 2017.