What are the latest changes to the BSE PSU index?

The BSE PSU index has been rejigged, with RailTel Corporation of India added and four other stocks excluded. These changes are effective December 22.

When do the BSE index changes take effect?

The semi-annual changes to the BSE indices, including the BSE PSU index, become effective on December 22.

Which railway stock was added to the BSE PSU index?

RailTel Corporation of India, a railway stock, has been included in the BSE PSU index as part of recent index rejig.

Home / Business and Economy / BSE Index Shake-up: RailTel Joins, Four Stocks Out

BSE Index Shake-up: RailTel Joins, Four Stocks Out

6 Dec

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Summary

BSE announced a significant rejig of 28 indices on Friday.
RailTel Corporation of India was added to the BSE PSU index.
The changes, including four exclusions, become effective December 22.

BSE Index Shake-up: RailTel Joins, Four Stocks Out

BSE Index Services revealed a substantial restructuring of 28 key indices, impacting market dynamics. The BSE PSU index, in particular, experienced a notable rejig with five modifications.

Among the significant inclusions is the railway stock, RailTel Corporation of India, marking its entry into this prominent index. Conversely, four existing stocks—MMTC, ITI, Punjab & Sind Bank, and KIOCL—have been removed.

These strategic adjustments to the indices are conducted on a semi-annual basis. The new composition of the affected indices will officially become effective starting December 22, shaping investment strategies moving forward.

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