Adani Ports joins Sensex, replacing Wipro in the semi-annual rejig. This inclusion brings significant changes to the index.
With Adani Ports' entry, $259 million in passive inflows are expected, boosting the stock with an addition of 14.9 million shares.
With Adani Ports' entry, $259 million in passive inflows are expected, boosting the stock with an addition of 14.9 million shares.
Adani Ports shares have surged nearly 98% in the past year, outperforming Wipro's 27% growth over the same period.
Seven stocks including Bharti Airtel, Infosys, and ICICI Bank will see increased weights in the index following the rejig.
Stocks like RIL, Adani Enterprises, and Infosys will experience significant outflows, with RIL seeing the highest at $49 million.
The semi-annual rejig brings dynamic changes to Sensex, impacting various stocks significantly with inflows and outflows.