Business
BSE 100 rejig: Paytm, Ashok Leyland and CG Power enter index; Adani Group-owned Ambuja, 2 more exit
The changes to the index became effective today, a BSE Index Services Private Limited, release said.
Ambuja Cements is part of the Adani Group and its shares have fallen over 23% in the past one year. Meanwhile Murugappa Group-backed Tube Investments shares were up nearly 1% in this period. In contrast, Paytm has risen 34% while Ashok Leyland rose 33%.
CG Power which has displaced Colgate-Palmolive has delivered 24% returns in the same period while the latter’s price has eroded 13%.
Among other changes, BSE Sensex 50 has a new entrant in TVS Motor Company, dislodging Adani Enterprises.
The reconstitution of BSE Sensex Next 50 saw multiple changes ahead of its June 22, 2026 implementation. Adani Enterprises, Ashok Leyland, One 97 Communications and CG Power and Industrial Solutions were added to this index, replacing TVS Motor Company, Ambuja Cements, Colgate-Palmolive and Tube Investments, respectively.
Meanwhile, in the BSE Focused IT index, L&T Technology Services was included while Cyient Limited was removed as part of the latest index reshuffle announced by BSE Index Services.
Domestic stock markets ended higher on Friday though the gains were capped amid strong selling pressure in pharma & health stocks while financials helped bulls to ride the tide. While Nifty gained 64.60 points or 0.27% to close at 23,719.30, the BSE Sensex settled at 75,415.35, up 231.99 points or 0.31%.
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