BREAKING NEWS : SEBI Notifies new rules for NIFTY BANK
INDEX will need minium 14 constituents
The weight of the top constituentwill now be capped at 20%vs 33% currently.
The combined weight of the top three constituentscannot exceed 45%vs 62% currently.
The top three constituents(HDFC Bank, ICICI Bank, and SBI) will see a gradual weight reduction across four tranches
Yes Bank , Indian Bank, Union Bank and Bank of India can be 4 new candidates for inclusion
Adjustment to be done in 4 tranches till March 31, 2026
First Adjustment to be done in Dec 2025
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
