Reliance Industries Ltd’s (RIL’s) demerged arm Jio Financial Services Limited (JFSL) will be excluded from the NSE indices, including the benchmark Nifty 50, from September 7. 

“In accordance with the index methodology, as JIOFIN has not hit price band on two consecutive trading days on September 4, 2023 and September 5, 2023 at NSE, the index maintenance sub committee (equity) of NSE Indices has decided to exclude JIOFIN from various indices as listed hereunder effective from September 7, 2023,”