Bombay Stock Exchange’s benchmark index, Sensex, saw a structural change with Tata Motors passenger vehicles exiting from the index. Tata Motors, due to a slump in its market share, was removed from the list of 30 companies listed on Sensex. With Tata Group’s stock bidding adieu to Sensex, IndiGo Parent Company, InterGlobe Aviation, filled the gap. The news of IndiGo taking Tata Group’s spot saw IndiGo’s share price increase on Monday by 1.9% to ₹5,953.
Sensex Reshuffle: Tata Group’s Stock Dropped from Sensex Index, IndiGo Airline Takes Its Place
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