New Delhi: There is an environment of correction in the Indian stock market. Major factors like tension on the geopolitical front, selling by foreign institutional investors and expensive valuation of the Indian market are the reason for the decline in our overall market.
 

In the same sequence, the condition of Nifty 50, an index of 50 shares, is also bad. It has reached the level of 23532 with a fall of 26 points on last Thursday. The condition of the shares of the companies included in the Nifty 50 index is also bad.

 

Nifty 50 index will be rebalanced

There is news that big changes can be seen in the Nifty 50 index soon, in fact the Nifty 50 index will be reviewed in February 2025. Brokerage firm JM Financial says that under this review, online food delivery platform company Zomato and Mukesh Ambani's company Jio Financial Services can be included in the Nifty 50 index.
 

BPCL and Eicher Motors will be out

According to the news, the March rebalancing of Nifty 50 will be announced in February next year i.e. 2025. There is also a possibility of Bharat Petroleum Corporation Limited (BPCL) and Eicher Motors, which are already present in the Nifty 50 index, being out.
 

Flow will increase

According to estimates by JM Financial, if Zomato and Jio Financial Services join the Nifty50 index, it will see an inflow of $607 million and $372 million respectively, whereas if BPCL and Eicher Motors exit, there is a possibility of outflow of $223 million and $239 million from the index.



NSE has recently revised the criteria for futures and options (F&O) in the futures and options segment. Under which 45 new stocks have been announced to be added, which also includes food delivery company Zomato and Reliance Group company Jio Financial Services.
 

Zomato stock rises

Let us tell you that on last Thursday, the stock of Zomato closed at the level of Rs 269 with a good increase of 4 percent.

 

Jio Financial Services Shares

On the other hand, the stock of Jio Financial Services closed at the level of Rs 318 on Thursday with a massive rise of 6 percent.