Sensex Rejig News: The Sensex will get two new stocks replaced next month. The 30-scrip benchmark will get Trent and Bharat Electronics Ltd (BEL) included, replacing IndusInd Bank and Nestle India, according to stock exchange BSE. The changes will take effect on June 23.
Sensex to Get 2 New Stocks; IndusInd Bank, Nestle India to be excluded
The Tata group stock and the PSU scrip will be replacing private sector lender IndusInd Bank and FMCG major Nestle India from June 23.
Why will BEL and Trent be included in Sensex
The move is part of a periodic index review.
Index providers review the constituents of their gauges from time to time to ensure that the indices capture the desired performances.
For instance, the Sensex is aimed at capturing the performance of 30 largest and most actively traded companies in BSE’s listed universe.
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