The Bombay Stock Exchange’s benchmark index, Sensex, has undergone a major reshuffle. Tata Motors Passenger Vehicles has been removed from the 30-stock index following the company’s demerger, making it ineligible to remain on the list.
Its place has now been taken by InterGlobe Aviation, the parent company of IndiGo Airlines. After the announcement, IndiGo’s share price rose 1.9 percent on Monday to ₹5,953.
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But the changes didn’t stop with Sensex. Several other BSE indices, including the BSE 100, Sensex 50, and Sensex Next 50, have also been reorganised.
IDFC First Bank has been added to the BSE 100 index, replacing Adani Green Energy. In the Sensex Next 50 index, Max Healthcare Institute has been included, while IndusInd Bank has been removed.
The Bombay Stock Exchange has confirmed that all these changes will take effect from December 22.
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