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Brightcom Group Ltd

NSE rebalances indices due to Brightcom group recategorisation

Apr 25,2024 Hrs IST

The National Stock Exchange of India (NSE) announced adjustments to its indices following the reclassification of Brightcom Group to the Z category (BZ series), effective 26 April 2024. This change is based on NSE circular NSE/CML/61602 dated 15 April 2024.

The rebalancing will take effect at the close of business on 25 April 2024, impacting the following indices:

* Nifty Microcap 250 and Nifty Total Market: Brightcom Group will be removed from both indices. Supreme Petrochem will be added as a replacement.

* Nifty 500 Value 50: Brightcom Group will be excluded from the index. IIFL Finance will be included to take its place.

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