New Delhi, Aug. 26 -- Max Healthcare Institute Ltd has been in the buzz lately. On Friday, the National Stock Exchange said Max will be included in the Nifty 50 index from 30 September as a part of the semiannual review of index constituents.

When it is included, Max is likely to have more weightage in the index than Apollo Hospitals Enterprise Ltd, going by its current free-float market capitalization of Rs.90,000 crore versus Rs.79,000 crore for the latter.

There's also Max's suspension of cashless treatment across its hospitals for Bajaj Allianz policyholders. This has to do with the tussle between hospitals and general insurance companies over alleged overbilling of customers.

The cashless facility suspension may have dampened the ...