Yes Bank and Union Bank of India will join the Nifty Bank on December 31, taking the total number of constituents on the index to 14. The move follows a change in methodology. According to Nuvama analysts, Yes Bank could see an inflow of around ₹1,200 crore following the inclusion, while Union Bank could attract ₹980 crore.
short by
Mansi Agarwal /
10:16 pm on
02 Dec