Nifty Smallcap 250 Index Review: 33 stocks set to enter gauge from March 28; Mahindra Lifespace, VIP, Rajesh Exports among exclusions

Nifty Smallcap 250 Index Reshuffle: Stock exchange NSE has announced a number of changes in key indices, such as the Nifty 50, the Nifty Next 50, and the Nifty Smallcap 250, as part of a semi-annual rebalancing exercise. The changes will come into effect with effect from the opening bell on March 28. Read on to learn about these changes in detail.
Nifty Smallcap 250 Index Review: 33 stocks set to enter gauge from March 28; Mahindra Lifespace, VIP, Rajesh Exports among exclusions
With effect from March 28, 33 stocks will be replacing an equal number of scrips in the Nifty Smallcap 250 index.

Nifty Smallcap 250 Rebalancing Exercise, Nifty Smallcap 250 Index Semi-Annual Review: Stock exchange NSE on Friday announced a number of changes in its indices including the Nifty 50, Nifty Next 50 and Nifty Smallcap 250 gauges. With effect from the opening on March 28 (or the closing the previous day), the Nifty 250 index will have 33 inclusions and an equal number of exclusions.

Nifty Smallcap 250 Semi-Annual Reshuffle | Inclusions & Exclusions | What is being added to and what is being removed from the broader index?

According to NSE, the following inclusions and exclusions will be implemented in the smallcap index:

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Nifty Smallcap 250
Inclusions (Stocks Being Included)Exclusions (Stocks Being Excluded)
ACME Solar Holdings360 One Wam
Afcons InfraApar Industries
Alivus Life SciencesArchean Chem
Authum InvestmentAvanti Feeds
Bayer CropscienceBalaji Amines
Brainbees SolBirla Corp
Carborundum UniversalBlue Star
DCM ShriramCello World
DelhiveryChemplast
Fertilisers & Chem TravancoreCIE Auto
GravitaEasy Trip
IDBI BankEquitas SFB
IOBFine Organic
International Gemmological InstituteGR Infraprojects
Inventurus Knowledge SolFE Vernova T&D
JSW HoldingsGlenmark Pharma
LT FoodsGujarat Ambuja Exports
NavaGujarat State Fertilizers & Chem
Neuland LabsJK Lakshmi Cement
Niva Bupa Health InsuranceKSB
PG ElectroplastMahindra Lifespace
Poonawalla FincorpMOFSL
Reliance PowerNALCO
Sagility IndiaNuvoco Vistas
Sai Life SciencesRakesh Exports
Sarda Energy and MineralsRatnamani Metals & Tubes
SKF IndiaSanofi
Tata ChemicalsSun Pharma Advanced Research
TimkenTVS Supply Chain
Transformers and RectifiersUjjivan SFB
WockhardtVIP Industries
Zen TechVarroc Engineering
ZF Commercial Vehicle Control SystemsVinati Organics

What is an index rejig or index reshuffle? Does it impact the market prices of securities?

Also known as index rebalancing, an index reshuffle is a periodic review of a stock market index's components. This rebalancing process involves the inclusion and/or exclusion of scrips from the index to ensure it continues to be in alignment with its underlying methodology.

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