Canara Bank will replace Bandhan Bank in Bank Nifty during September reshuffling.

From Google: 2024-08-08 10:02:50

Canara Bank will replace Bandhan Bank in the Bank Nifty during September reshuffling, according to Nuvama Institutional. This change is expected to take effect in the upcoming month. Stay tuned for updates on how this switch may impact the stock market and investors.

The decision to replace Bandhan Bank with Canara Bank in the Bank Nifty comes as part of a reshuffling process. This move is likely to have implications for both banks and could potentially influence market trends in the banking sector. Investors should closely monitor developments in this space.

Nuvama Institutional has announced that Canara Bank will take Bandhan Bank’s place in the Bank Nifty index next month. This adjustment is significant for both banks and could lead to fluctuations in the stock market. It is essential for investors to stay informed about these changes to make informed decisions.



Read more at Google: Latest Market News Today Live Updates August 8, 2024: Canara Bank to replace Bandhan Bank in Bank Nifty during September reshuffling: Nuvama Institutional | Stock Market News – Mint