BSE Ltd on November 22 said it will add Zomato to its benchmark index Sensex from December 23 and drop JSW Steel.
BSE also announced reconstitution of its other indices like BSE SENSEX 50, BSE SENSEX NEXT 50, and BSE 100.
BSE dropped Ashok Leyland, PI Industries, IDFC First Bank, IRCTC, UPL, and APL Apollo Tubes from BSE 100 and added Jio Financial Services, Suzlon Energy, Adani Green Energy, Adani Power, Samvardhana Motherson, and PB Fintech to the index, effective December 23.
BSE also said that HDFC Life, BPCL and LTI Mindtree will be dropped from its BSE SENSEX 50 index from December 23 and replace them with Zomato, Jio Financial, and HAL.
BSE also said that Zomato, HAL, Ashok Leyland, PI Industries, IDFC First Bank, IRCTC, UPL, and APL Apollo Tubes will be dropped from its BSE SENSEX NEXT 50 index from December 23 and replace them with Adani Green Energy, HDFC Life, BPCL, LTIMindtree, Samvardhana Motherson, PB Fintech, Suzlon Energy, and Adani Power.
Market capitalisation of the Zomato stock is Rs 2.3 lakh crore. On November 22, the food delivery firm's shares closed 0.72% lower at Rs 264.89 apiece.
BSE also said that Securities and Exchange Board of India approved the appointment of Subhasis Chaudhuri as the Chairman of the exchange's Governing Board.
"The said appointment is effective from the date of SEBI approval letter dated November 21, 2024 i.e. today," said BSE in a stock exchange filing.
BSE also announced the introduction of futures and options (F&O) contracts for 43 stocks, set to be available for trading from December 13, 2024.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.