Two IT stocks that will be impacted tomorrow as a result of NSE rejig

As part of its semi-annual review, the National Stock Exchange (NSE) will reshuffle Nifty IT tomorrow to replace MindTree NSE 0.21 % with Persistent Systems NSE 0.18 %.

Edelweiss NSE 3.65 % Alternative & Quantitative Research said: “As a result of the rejig, Persistent may see an inflow of $16 million, while Mindtree may suffer an outflow of $23 million. MindTree’s exclusion is on account of its merger with Larsen & Toubro Infotech.