Question

    Which company will replace Housing Development Finance Corporation (HDFC) in the benchmark Nifty50 index?

    A HDFC Bank Correct Answer Incorrect Answer
    B LTIMindtree Correct Answer Incorrect Answer
    C Infosys Correct Answer Incorrect Answer
    D Reliance Industries Correct Answer Incorrect Answer
    E TCS (Tata Consultancy Services) Correct Answer Incorrect Answer

    Solution

    LTIMindtree will replace Housing Development Finance Corporation (HDFC) in the benchmark Nifty50 index due to the merger of HDFC with HDFC Bank. This change will take effect from July 13, reflecting adjustments in the index composition.

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