IndusInd Bank, Hero MotoCorp may exit Nifty to make way for IndiGo, Max Healthcare: Nuvama

July 3, 2025

IndusInd Bank and Hero MotoCorp may be dropped from the Nifty50 in the September review, with Max Healthcare and IndiGo likely replacements, according to Nuvama. Max could see $400 million in passive inflows if included. BSE is unlikely to enter the Nifty50 or even the Nifty Next 50 unless its stock surges over 40% and sustains the rally through July.

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