Zomato to step up on BSE Sensex in place of JSW Steel

25 Nov 2024 , 09:18 AM

As part of the index rejig, food delivery giant Zomato will replace JSW Steel in the benchmark 30-share BSE Sensex, effective December 23.

On Friday, November 22, Asia Index Pvt Ltd, BSE’s wholly-owned subsidiary, announced the reconstitution of numerous indices, including the BSE 100, BSE Sensex 50, and BSE Sensex Next 50.

Meanwhile, India’s oldest stock exchange announced the launch of futures and options (F&O) contracts for 43 equities, which would be accessible for trading starting December 13, 2024. The exchange announced the development in a circular issued after trading hours on Friday.

Adani Green Energy, Adani Total Gas (ATG), Adani Energy Solutions, Avenue Supermarts (DMart), Paytm’s One 97 Communications, Zomato, Yes Bank, Life Insurance Corporation of India (LIC), and Jio Financial Services are among the significant stocks that have entered the BSE’s F&O section.

The BSE BANKEX Index shows no change. The stock is up more than 112% this year, with a one-year return of 130%.

For feedback and suggestions, write to us at [e-mail]