Demerger-bound company OUT, recently-listed Bajaj stock IN - BSE index reshuffle next week

BSE Index Reshuffle: In a circular on Tuesday, the stock exchange informed that demerger-bound Quess Corp would not only exit BSE 500 index but will also be dropped from BSE Allcap, BSE Smallcap, BSE MidSmallcap, BSE Services, BSE 250 SmallCap, BSE 400 MidSmallCap Index, BSE 1000, and BSE 1000 Multicap Equal Size Weighted (25%) indices. BSE Index Reshuffle: Soon, a demerger-bound company will be dropped from some of the BSE indices and replaced by a recently-listed non-banking financial Bajaj Group company. The BSE 500 index is designed to be a broad representation of the market, consisting of the top 500 companies listed at BSE. Leading stock exchange BSE on Tuesday announced the reshuffle of BSE indices which would lead to the exit of business services company

Corp , ahead of its demerger record date next week. The stock will be replaced by a Bajaj Group stock, which got listed in September 2024.