IndusInd Bank, Hero MotoCorp may exit Nifty to make way for IndiGo, Max Healthcare: Nuvama
Crisis-ridden IndusInd Bank and two-wheeler major Hero MotoCorp may be excluded from the Nifty50 in the upcoming reshuffle due in September, according to calculations by Nuvama Alternative and Quantitative Research. The firm identified IndiGo and Max Healthcare as the top two inclusion candidates. “IndiGo has already seen substantial positive price action, reflecting market expectations. On…