In today’s briefing:
- SENSEX Index Rebalance: F&O Inclusion Brings First of Many Index Inclusions for Zomato
SENSEX Index Rebalance: F&O Inclusion Brings First of Many Index Inclusions for Zomato
- Zomato (ZOMATO IN) will replace JSW Steel Ltd (JSTL IN) in the S&P BSE SENSEX Index (SENSEX INDEX) at the close on 20 December.
- This is the first of many potential inclusions for Zomato in local indices over the next few months and is due to inclusion of the stock in the F&O segment.
- Futures and options in Zomato (ZOMATO IN) start trading from the open on 29 November. Expect increased volatility in the short-term and an increase in traded volumes.