Benchmarks use a straightforward rule of reward and reprimand for periodic asset adjustments: high-performing stocks are included, while underperformers are removed. This rebalancing ensures that an index accurately mirrors its intended market segment. The NSE Indices Committee has recently announced the September 2024 semi-annual reshuffle, impacting major indices.
This is no fire sale. Don’t rush into markets, wait for stronger signals: Deepak Shenoy
Indian markets had shown some signs of recovery in the last week, however, remain volatile due to ongoing global and domestic uncertainties, making it crucial