ITC Hotels to be 51st Nifty stock in dummy form till listing. Last day to buy today before demerger

 

After unlocking value for 36 lakh shareholders of the Kolkata-based diversified conglomerate, shares of ITC Hotels will be listed on the BSE and NSE on Monday. However, they will appear in a dummy version to minimize the impact of the demerger on Sensex and Nifty levels.

Investors will not be able to trade the dummy shares until the stock is officially listed in the coming weeks.