Trent may replace Bajaj Finserv in Sensexrejig in December
Business Standard|September 17, 2024
Bajaj Housing Finance Ltd's impressive stock market debut has brought cheer to the 100year-old Bajaj Group, but the conglomerate faces the prospect of Bajaj Finserv being removed from the benchmark Sensex index.
SAMIE MODAK

According to market expectations, Trent, a Tata groupowned fashion retailer, is likely to replace Bajaj Finserv during the upcoming index rebalancing in December.

If this happens, Bajaj Finance will be the sole remaining Bajaj Group stock in the 30-share Sensex, following the removal of Bajaj Auto in December 2021.

The review period for rebalancing of Sensex ends on October 31. The changes are likely to be announced in the latter part of November. And, they will become effective from the close of trading on December 20.

This story is from the September 17, 2024 edition of Business Standard.

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This story is from the September 17, 2024 edition of Business Standard.

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