Business

Divi’s Lab and LTI Mindtree are out of Nifty 50. Can they still deliver returns?

While short-term selling pressure is a likely consequence of exclusion, the long-term outlook depends on various factors. The underlying fundamentals of the company, broader market trends, and potential catalysts can significantly influence the stock's performance.

The Nifty 50, the most prominent stock index, is often seen as a barometer of the country’s economic health. The annual Nifty rejig is a significant event in the Indian stock market, which has a far-reaching implication for investors, companies, and the broader economy. The key benchmark index is reviewed twice a year, based on six-month data ending January 31 and July 31.

The inclusion or exclusion of a stock in the Nifty can significantly.