National Stock Exchange will remove Satyam from its Nifty 50-share index from 12th of Jan. On the news of Ramalinga Raju’s resignation and disclosure of profits falsely for years, Satyam stock price was crashed nearly 80%. From Jan 12th Anil Ambani group's co Reliance Capital will replace Satyam in the nifty. It will also be excluded from the CNX 100 index, CNX 500 index and the CNX IT index.
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