The stock price of Apollo Hospitals rose on February 25 after the National Stock Exchange (NSE) has announced that shares will be included in the benchmark Nifty 50 Index effective since March 31.

Apollo Hospitals will be the first health care company that has ever been part of the benchmark index and will replace India Oil Corporation.

The Edelweiss Securities brokerage company expects the inclusion of the Apollo Hospital to Nifty 50 to produce an inflow of $ 143 million from funds traded in various indices that reflect the index.

Dealers say that stocks can see purchases from traders in front of inclusion in the index in the hope of selling shares to exchange funds traded after being included.

Inclusion for Apollo Hospital came in the background of the period of weakness for stocks considering that he had fallen 23 percent in the past three months and about 26 percent from 52 weeks.

At 9:45 a.m., Shares of Apollo Hospital rose 4.1 percent at Rs 4,559.6 on the National Stock Exchange.