NSE Indices Reshuffle: BSE, Polycab India Enter Nifty 100; United Spirits Exits

NSE Indices has announced changes to several broad-market indices as part of its semi-annual review. The reshuffle will affect the Nifty 100, Nifty Next 50 and Nifty 500, with multiple companies moving between indices.

Among the more notable changes, Wipro will exit the Nifty 50 and enter the Nifty Next 50, while Vodafone Idea will be added to both the Nifty 100 and Nifty Next 50.

The changes will take effect on 30 September 2026 after the close of trading on 29 September 2026.

Stocks Entering And Exiting The Nifty 100

The Nifty 100 will see five additions and five exclusions. The stocks that will enter the index:

• BSE

• Hitachi Energy India

• Polycab India

• Vedanta Aluminium Metal

• Vodafone Idea

While these will be excluded:

• Indian Hotels

• Lodha Developers

• REC

• Shree Cement

• United Spirits

The same changes will apply to the Nifty 100 Equal Weight index.

The Nifty Next 50 will see the same five companies exit. At the same time, Wipro will join the five incoming stocks along with Hitachi Energy India, Polycab India, Vedanta Aluminium Metal, and Vodafone Idea.

NSE Indices said that the constituents of the Nifty and Nifty Next 50 are selected from the Nifty 100. Companies in the reconstituted Nifty 100 that are not part of the Nifty 50 form the Nifty Next 50.

Changes To The Nifty 500

The Nifty 500 index is set for a major reshuffle, with 27 companies being added and an equal number exiting the index. Some of the key names moving in and out include:

Inclusions:

• Aether Industries

• Avanti Feeds

• Azad Engineering

• Bagmane Prime Office REIT

• Bharat Coking Coal

• Black Box

• Brookfield India Real Estate Trust

• Clean Max Enviro Energy Solutions

• Cupid

• Embassy Office Parks REIT

• Fractal Analytics

• INOX India

• Rubicon Research

• Sterlite Technologies

• TD Power Systems

• Thangamayil Jewellery

• Vedanta Aluminium Metal

• Vedanta Iron and Steel

• Vedanta Oil and Gas

• Vedanta Power

Exclusions

• 3M India

• Aditya Birla Fashion and Retail

• Bayer Cropscience

• Bikaji Foods International

• Blue Dart Express

• Go Digit General Insurance

• Indegene

• Latent View Analytics

• Newgen Software Technologies

• Niva Bupa Health Insurance

• Pfizer

• Saregama India

• SBFC Finance

• Sonata Software

• Travel Food Services

The changes will also apply to the Nifty 500 Equal Weight, Nifty 500 Multicap 50:25:25 and Nifty 500 LargeMidSmall Equal-Cap Weighted indices.

Why Are These NSE Index Changes Important For Market Participants?

Index reshuffles are observed closely because passive funds and exchange-traded funds (ETFs) tied to certain indices tend to rebalance their holdings in advance of the effective date. This can generate index-linked buying activity in entering stocks and selling pressure in outgoing stocks, depending on liquidity and the number of assets monitoring the corresponding indices.

The September reshuffle is worth watching for those tracking NSE indices.

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