D-Mart vs Info Edge in tug of war to become next Nifty50 member

According to brokerage firm ICICI Securities, there are two candidates to be included in the next reconstitution of the premier stock index in the country in October. On one corner is the crown jewel of Radhakishan Damani’s multi-billion dollar empire, Avenue Supermarts. On the other end, is Info Edge India representing the new technology age. All stocks included in the Nifty50 must also be part of the derivatives segment, and the D-Mart stock is yet to be included there.

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