CosmicTaco

Zomato and Jio Financial Set for Nifty50 Inclusion

CosmicTaco · 2025-01-14T22:50:41.513996+05:30

- JM Financial predicts Zomato and Jio Financial Services to join Nifty50, replacing BPCL and Britannia. Expected inflows: $620M for Zomato, $356M for Jio Financial. - BPCL and Britannia may see outflows of $212M and $229M respectively. Changes effective from March 31, 2025. - Zomato and Jio Financial stocks have seen significant corrections. Analysts maintain 'hold' ratings with cautious outlooks. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/markets/zomato-jio-financial-services-may-join-nifty-50-in-march-bpcl-britannia-industries-could-exit-12910315.html), [Business News India](https://www.businesstoday.in/markets/company-stock/story/jio-financial-zomato-may-enter-nifty50-check-likely-inflows-expectations-and-targets-460745-2025-01-14)

JM Financial predicts Zomato and Jio Financial Services to join Nifty50, replacing BPCL and Britannia. Expected inflows: $620M for Zomato, $356M for Jio Financial.
BPCL and Britannia may see outflows of $212M and $229M respectively. Changes effective from March 31, 2025.
Zomato and Jio Financial stocks have seen significant corrections. Analysts maintain 'hold' ratings with cautious outlooks.

Source: Moneycontrol, Business News India