Tata Group’s Trent and Bharat Electronics were poised to join the Nifty 50 index during the September reshuffle, as predicted by IDBI Capital. Trent’s shares increased 84% and Bharat Electronics rose 68% this year. LTI Mindtree and Divi’s Laboratories were likely to be excluded. The index review is based on semi-annual market data, effective from September 30.
Mutual funds have Rs 6,000 crore investments in Vodafone Idea
Approximately 32 mutual fund houses held investments in Vodafone Idea. In August, 17 of these houses increased their shareholdings, 10 decreased them, and 5 maintained