IndiGo, Max Healthcare Set to Join India’s Benchmark Nifty Index

India's top bourse will add the country's number one airline company and the most valuable hospital chain by market capitalization to its benchmark index at the end of September.

InterGlobe Aviation Ltd., operator of IndiGo airline and Max Healthcare Institute Ltd. will replace IndusInd Bank Ltd. and Hero MotoCorp Ltd. in the NSE Nifty 50 Index with effect from September 30, according to a statement by the National Stock Exchange of India Ltd. on Friday.