Shares of Bharat Electronics and Trent were trading down on Monday after the stocks got included in the Nifty 50 index.

What Happened: Trent and BEL were included in the Nifty 50 index after Friday’s close. Nuvama Alternative Research said it sees a $495 million inflow (around ₹4,141 crore) to Trent and a $336 million inflow (₹2,811 crore) to BEL after the inclusion. 

Shares of the stocks have fallen along with the benchmark Nifty 50 index which fell more than 1% on Monday.

BEL recently got approval for a joint venture with Israel Aerospace Industries to incorporate BEL IAI AeroSystems Private Limited. The entity will give product support, including repair and maintenance, for the Medium-Range Surface-to-Air Missile (MRSAM) System used in India. 

See Also: Micro Cap Tata Stock Wins ₹11 Cr Order, Shares Jump

Macquarie also recently kept "outperform" call and a target price of ₹350. The brokerage said the company is on track with its FY25 guidance. 

Trent has also remained in the spotlight, with Citi initiating coverage with a "buy" call and target price of ₹9,250. The research firm sees the company posting revenue growth at 41%, EBITDA growth of 44% and a profit compounded annual growth rate of 56%. 

Siddhartha Yog of Xander Group bought 64.59 lakh shares of Trent over the last month, buying shares worth ₹4,671 crore. 

Price Action: Shares of BEL were down 2.13% to ₹287.20.

Shares of Trent were down 3.29% to ₹7,576.30. 

Read Next: Indian Retail Investors Unload Shares Worth ₹7,500 Crore Amidst Market Highs: Report