Global passive funds, such as exchange-traded funds, structure their portfolios based on these indices. Any change in composition prompts these funds to adjust their allocations. The newly included stocks are JSW Energy, Canara Bank, Indus Towers, PB Fintech, Sundaram Finance, and NHPC. Berger Paints has been dropped, while Indraprastha Gas and Paytm's parent, One 97 Communications, have been downgraded to the small-cap index.

Related Keywords

Indraprastha , Haryana , India , Mumbai , Maharashtra , Canara , Karnataka , Abhilash Pagaria , Canara Bank , Housing Urban Development Corp , Alok Industries , Nuvama Alternative Quantitative Research , Global Standard Index , Indus Towers , Sundaram Finance , Indraprastha Gas , Nuvama Alternative , Urban Development Corp , Vendant Fashion , Gillette India , Force Motors , Greaves Cotton ,