Business Standard

NSE rebalances indices due to Brightcom group recategorisation


The National Stock Exchange of India (NSE) announced adjustments to its indices following the reclassification of Brightcom Group to the Z category (BZ series), effective 26 April 2024. This change is based on NSE circular NSE/CML/61602 dated 15 April 2024.
The rebalancing will take effect at the close of business on 25 April 2024, impacting the following indices:
* Nifty Microcap 250 and Nifty Total Market: Brightcom Group will be removed from both indices. Supreme Petrochem will be added as a replacement.
* Nifty 500 Value 50: Brightcom Group will be excluded from the index. IIFL Finance will be included to take its place.
Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 25 2024 | 3:30 PM IST

Explore News