BSE Ltd. SHARES FALL AFTER NIFTY INCLUSION

Shares of BSE witnessed profit booking after the exchange operator’s inclusion in the benchmark Nifty 50 index took effect as part of the semi-annual index rejig. The stock was trading around 2.5% lower during the session. Ahead of its Nifty 50 inclusion, two institutional investors offloaded a combined 68.33 lakh shares of BSE worth approximately ₹2,186.44 crore through bulk deals on the NSE. According to NSE bulk-deal data, Goldman Sachs Investments Mauritius I Limited sold 23,81,571 BSE shares at ₹3,200 apiece, while BNP Paribas Financial Markets sold 44,51,693 shares at a weighted average price of ₹3,199.54 per share. Together, the two entities sold 68,33,264 shares, representing around 1.67% of BSE’s equity, for a total value of approximately ₹2,186.44 crore. Meanwhile, Hitachi Energy India, Polycab India, Vedanta Aluminium Metal and Vodafone Idea were among the stocks added to the Nifty 100 index. At around 1:30 pm, the four stocks were trading 0.41% lower, 0.1% higher, 5.3% lower and 2.8% lower, respectively. Elsewhere, shares of Ujjivan Small Finance Bank and Siemens Energy India gained around 2.5% and 1.5%, respectively, after the NSE introduced both stocks into the futures and options segment. The Siemens Energy India F&O contract will have a lot size of 175 shares, while the Ujjivan Small Finance Bank F&O contract will have a lot size of 8,000 shares.