NSE Index Rejig: Jio Financial and Zomato To Join Nifty 50, BPCL and Britannia To Exit

Written by: Team Angel OneUpdated on: 24 Feb 2025, 9:36 pm IST

Jio Financial Services and Zomato will join the Nifty 50 index, replacing BPCL and Britannia, as part of NSE’s semi-annual review effective March 28, 2025.

NSE Index Rejig: Jio Financial and Zomato To Join Nifty 50, BPCL and Britannia To Exit

The National Stock Exchange (NSE) has announced changes to its benchmark Nifty 50 index, with Jio Financial Services Ltd. (JFS) and Zomato Ltd. set to be added, while Bharat Petroleum Corporation Ltd. (BPCL) and Britannia Industries Ltd. will be removed. These changes will take effect from March 28, 2025, as part of the semi-annual index review.

Basis for Inclusion and Exclusion

NSE follows a set methodology for these adjustments, primarily looking at the 6-month average free-float market capitalisation. Companies that qualify for inclusion must have a market cap at least 1.5 times that of the smallest current constituent.

Zomato’s average free-float market cap: ₹1.70 lakh crore
Jio Financial’s average free-float market cap: ₹1.04 lakh crore
BPCL’s average free-float market cap: ₹60,928 crore
Britannia’s average free-float market cap: ₹64,151 crore

Changes in Nifty 100 and Nifty Next 50

Several other indices will also undergo revisions. In Nifty 100 and Nifty Next 50, the following companies will be added:

These will replace:

Nifty 500 Reshuffle

A total of 30 stocks will be added to the Nifty 500 index, including:

Some of the stocks being removed include:

These index changes are aimed at maintaining market representation based on updated stock performance and sector relevance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 24, 2025, 4:06 PM IST

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