GMR Infra/Jindal Steel might replace RPL in Nifty

Last time after the Satyam saga, I had mentioned that Axis Bank or Rel Cap might replace Satyam in Sensex and Nifty stock constituents. Rel Cap replaced Satyam. Though Axis has joined the Nifty club by replacing Zee Enterprise from Feb’27. Now I expect GMR Infra or Jindal Steel & Power to replace RPL if the merger between RIL-RPL go through simply because both are heavily traded counter and their market caps are around Rs 15,000crs.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s