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Pityush Goyal (File photo) NEW DELHI: Amid Donald Trump’s offensive,

Representational image (Agencies) MUMBAI: Nuvama Wealth Management said on Thursday

The Trump administration has sanctioned six Indian companies for their

MUMBAI: HUL reported a 4% year-on-year rise in total sales

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Pityush Goyal (File photo) NEW DELHI: Amid Donald Trump’s offensive, the government on Thursday dug its heels in on trade, saying it will not compromise on the interests of farmers.Commerce

Representational image (Agencies) MUMBAI: Nuvama Wealth Management said on Thursday that an I-T department survey is ongoing at its registered office, and the company is cooperating with authorities. Business operations

The Trump administration has sanctioned six Indian companies for their “significant” sales and purchases of Iranian-origin petrochemical products.“The Iranian regime continues to fuel conflict in Middle East to fund its

MUMBAI: HUL reported a 4% year-on-year rise in total sales to Rs 15,747 crore on a standalone basis in the June quarter, improving its pace of growth which had been

MUMBAI: In an unusual turn, Indian banks extended more credit for automobile purchases than for housing in the first quarter of FY26, highlighting a shift in consumer demand and lending

MUMBAI: Markets regulator Sebi has proposed an overhaul of large IPOs (over Rs 5,000 crore), reducing the retail investor quota from 35% to 25% and raising institutional investor allocation to

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Pityush Goyal (File photo) NEW DELHI: Amid Donald Trump’s offensive, the government on Thursday dug its heels in on trade, saying it will not compromise on the interests of farmers.Commerce

The Trump administration has sanctioned six Indian companies for their “significant” sales and purchases of Iranian-origin petrochemical products.“The Iranian regime continues to fuel conflict in Middle East to fund its

MUMBAI: In an unusual turn, Indian banks extended more credit for automobile purchases than for housing in the first quarter of FY26, highlighting a shift in consumer demand and lending

NEW DELHI: Google has proposed opening up the Play Store in India to a wider set of real-money gaming (RMG) apps in response to an ongoing probe by the Competition

NEW DELHI: Despite pressure from the US, govt has dismissed reports that it has asked refiners to stop purchasing Russian crude, which has emerged as the top source of petroleum

Jaguar Land Rover CEO Adrian Mardell is leaving the Tata Motors-owned carmaker, as it grapples with higher US tariffs and a controversial makeover of the Jaguar brand. “Mardell has expressed

BSE Sensex rejig: BEL to replace IndusInd Bank, Tata Group’s Trent to oust Nestle from June 23, 2025

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BSE Sensex rejig: BEL to replace IndusInd Bank, Tata Group’s Trent to oust Nestle from June 23, 2025
The rejig for Sensex and additional indices were announced by BSE’s fully-owned subsidiary Asia Index Private Limited after today’s trading session. (AI image)

BSE Sensex rejig: Tata Group’s retail arm Trent is all set to replace FMCG giant Nestle India whilst defence PSU Bharat Electronics Limited (BEL) will replace IndusInd Bank in the BSE Sensex following the index rejig, which takes effect from June 23, 2025.The rejig for Sensex and additional indices were announced by BSE’s fully-owned subsidiary Asia Index Private Limited after today’s trading session.The removal of Nestle India from the index follows its poor stock performance. The FMCG company’s share price has declined by approximately 5% in the previous year, falling behind Nifty’s 9% gains during the same period. In contrast, Trent has surpassed the primary index, delivering 15% returns over the past 12 months.The defence sector PSU stock BEL has demonstrated even stronger performance with stability, achieving returns of 35% during the previous 12-month period.IndusInd Bank’s share has declined more than 40% in the past year. The bank reported its first loss in 20 years, amounting to Rs 2,329 crore, alongside discovering a suspected internal staff fraud of Rs 172.58 crore, which was incorrectly recorded as fee income across three quarters. Consequently, analysts are downgrading the stock and reducing target prices.The BSE 100 index will undergo changes with Dixon Technologies (India), Coforge and Indus Towers being included, whilst Bharat Forge, Dabur India and Siemens will be removed.In the BSE Sensex 50 modification, InterGlobe Aviation, which operates Indigo airlines, will take Britannia Industries’ position, and Shriram Finance will replace Hero MotoCorp.





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