This marks the first inclusion of any
Adani Group firm in Sensex.The group has 10 listed firms with a combined market
valuation surpassing Rs 17 lakh crore.
Notably, both APSEZ and Wipro are
constituents of NSE's Nifty index.
Moreover, the group's flagship firm
Adani Enterprises is also a part of the 50-share Nifty.
The changes will be effective from
June 24, 2024, Asia Index, a joint venture between S&P Dow Jones Indices
and BSE, said in a statement adding that
the replacement is a part of periodic review.
In addition, Tata Group Company Trent
Ltd will enter S&P BSE Sensex 50, while Divi's Laboratories will be dropped
from the index.
Apart from these, changes have been
announced in S&P BSE 100, S&P BSE Bankex and S&P BSE Sensex Next
50.
In S&P BSE 100 index, REC, HDFC
Asset Management Company, Canara Bank, Cummins India and Punjab National Bank
(PNB) will be included, while Page Industries, SBI Cards and Payment Services,
ICICI Prudential Life Insurance Company, Jubilant FoodWorks and Zee Entertainment
Enterprises (ZEEL) will move out.
Further, Yes Bank and Canara Bank
will find a place in the Bankex index replacing AU Small Finance Bank and IDFC
First Bank.
In Sensex Next 50 index, REC, PNB,
Divi's Laboratories, HDFC AMC, Canara Bank and Cummins India will be added.
On the other hand, Trent, Page
Industries, SBI Card, ICICI Prudential Life Insurance, Jubilant FoodWorks and
ZEEL will be dropped from Sensex Next 50.