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Summary:
- Nifty 50 closed at 6987.05 as on February 29, 2016, decline of 576.50 points (-7.62%) as against 7563.55 as on January 29, 2016.The free float market capitalization of Nifty 50 index was USD 364.02 Bn. as on February 29, 2016 as against USD 397.78 Bn. ason January 29, 2016. The free float market capitalization of Nifty Next 50 index was USD 70.66 Bn. as on February 29, 2016 as against USD 76.82 Bn. as on January 29, 2016.
- Equity indices across all categories (broad market, thematic, strategy and sectoral) declined during February 2016. Nifty Realty index (-15.14%) is the biggest loser during the one month period ending February 29, 2016.
- During the 3 month and 1 year period ending February 29, 2016, equity indices across all categories declined. Nifty PSU Bank is the biggest loser (-37.04%) and (-47.19%) during these periods respectively.
- On February 22, 2016, IISL announced a new structure for Nifty broad market indices and also launched 5 new indices. The newstructure will efficiently represent the large, mid and small market capitalisation segments of the Indian capital market.
- As part of semi-annual review of indices, IISL on February 22, 2016 also announced replacements in various indices including Nifty 50 index. Effective April 1, 2016, Aurobindo Pharma Limited, Bharti Infratel Limited, Eicher Motors Limited will be included in Nifty 50 index replacing Cairn India Limited, Punjab National Bank and Vedanta Limited. Further, pursuant to revision in the index eligibility criteria to include securities with Differential Voting Rights (DVR), Tata Motors Limited (DVR)will be included as an additional security in Nifty 50 index.
- For more information, please visit https://www1.nseindia.com/supra_global/content/iisl/press_rel.htm.
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