57 shares become part of small-midcap index
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Share Market: Asia Index Pvt Ltd (Asia Index Pvt Ltd) has done it. Asia Index is going to include 54 stocks in the small cap of BSE. Whereas, Mukesh Ambani’s company Jio Financial Services, which was listed last year, is now going to be a part of the large cap. This change in the share market will come into effect from March 18, 2024. Let us tell you that earlier on February 23, the stock of Jio Financial Services reached a new high of Rs 347 with a gain of 14.50 percent during trading. Due to this rise, the market cap of the company had reached a record high of Rs 2.16 lakh crore. Even today the company’s stock was trading at Rs 328.80 with a rise of 6.06 percent i.e. Rs 18.80.
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These stocks will be included in Mitcap
BSE Asia Private Index (BSE) and S&P Dow Jones (S&P Dow Jones Indices) is created by. According to this, Tata Technologies (Tata Technologies), JSW Infrastructure (JSW Infrastructure), Indian Renewable Energy Development Agency (Indian Renewable Energy Development Agency) will be included in midcap. However, the good thing is that no stocks are being taken out of the large cap and midcap indices.
Allcap’s extended family
Now 59 more companies are going to be included in the Allcap of Bombay Stock Exchange. With this, 54 companies will become part of BSE Small Cap. Companies included in small cap include Cello World, Honasa Consumer, Concord Biotech, TVS Holding, Bajaj Electricals, Happy Forging, Doms Industries, Inox India etc. However, Asia Private Index has also excluded eight stocks from BSE’s SME IPO index.
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