ITC Hotels to enter Sensex, Nifty50, other indices temporarily?

Cigarettes-to-hotes conglomerate ITC's shares are scheduled to trade ex-demerger on Monday, January 6. The company's stock will undergo a special pre-opening session.

ITC Hotels will eventually be added to headline indices Sensex and Nifty50 temporarily. That is part of a process wherein ITC Hotels will be added to every index where ITC is a constituent.

The ITC Hotel stock will be dropped from the gauges three days after the listing.

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Here is a list of NSE indices where ITC is a constituent:

• NIFTY TOP 10 EQUAL WEIGHT
• NIFTY 200
• NIFTY 500
• NIFTY GROWTH SECTORS 15
• NIFTY DIVIDEND OPPORTUNITIES 50
• NIFTY INDIA CONSUMPTION
• NIFTY50 VALUE 20
• NIFTY100 QUALITY 30
• NIFTY LOW VOLATILITY 50
• NIFTY100 EQUAL WEIGHT
• NIFTY50 EQUAL WEIGHT
• NIFTY100 LOW VOLATILITY 30
• NIFTY ALPHA LOW-VOLATILITY 30
• NIFTY QUALITY LOW-VOLATILITY 30
• NIFTY ALPHA QUALITY LOW-VOLATILITY 30
• NIFTY ALPHA QUALITY VALUE LOW-VOLATILITY 30
• NIFTY LARGEMIDCAP 250
• NIFTY200 QUALITY 30
• NIFTY TOP 20 EQUAL WEIGHT
• NIFTY500 MULTICAP 50:25:25
• NIFTY TOP 15 EQUAL WEIGHT
• NIFTY500 LARGEMIDSMALL EQUAL-CAP WEIGHTED
• NIFTY TOTAL MARKET
• NIFTY RURAL
• NIFTY NON-CYCLICAL CONSUMER
• NIFTY500 EQUAL WEIGHT
• NIFTY 100
• NIFTY FMCG

ITC Demerger News

Last year, ITC announced a plan to demerge its hotel business in order to unlock value for shareholders.

Analysts expect the demerger to enable the newly-formed firm to focus on growth within the luxury hospitality sector.

ITC Shares

As of January 3, ITC shares have grown 4.0 per cent in the past year, underperforming the headline Nifty50 index's 11.6 per cent rise.

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