BSE indices rejig 2026: Paytm, TVS Motor in

BSE Index Services has announced a fresh reconstitution of key domestic equity indices, with changes slated to take effect from the opening of trade on Monday, June 22, 2026. The reshuffle covers the BSE 100, BSE Sensex 50, and the BSE Sensex Next 50, which are widely tracked by investors and market-linked products.

The headline moves include the addition of One 97 Communications (Paytm), Ashok Leyland, and CG Power and Industrial Solutions to the BSE 100, replacing Ambuja Cements, Tube Investments of India, and Colgate-Palmolive (India). TVS Motor Company is set to enter the BSE Sensex 50, while Adani Enterprises will move out. At the same time, Adani Enterprises will enter the BSE Sensex Next 50, replacing TVS Motor in that index.

What BSE Index Services announced

BSE Index Services said the review was conducted as part of its regular semi-annual reconstitution exercise. Such reviews are designed to keep indices aligned with their stated methodology and investable universe, typically using factors like market capitalisation and liquidity.

The reconstitution is scheduled to become effective at the market open on June 22, 2026. That timing matters because index-tracking funds and other market participants often align rebalancing activity around the effective date.

BSE 100: Paytm, Ashok Leyland and CG Power added

The BSE 100 will see three inclusions: Ashok Leyland, One 97 Communications, and CG Power and Industrial Solutions. The outgoing constituents named in the announcement are Ambuja Cements, Tube Investments of India, and Colgate-Palmolive (India).

BSE 100 is described as tracking the top 100 listed companies in India based on market capitalisation and liquidity. In one of the referenced updates, Ambuja Cements, part of the Adani Group, was noted as having seen its shares fall over 23% in the past one year.

BSE Sensex 50: TVS Motor in, Adani Enterprises out

In the BSE Sensex 50, TVS Motor Company has been named as the incoming stock. Adani Enterprises will exit the index as part of the same reshuffle.

While Sensex 50 is a broader large-cap barometer compared with the 30-share Sensex, it is still closely watched due to its overlap with large, liquid names. The entry and exit can influence visibility for the stocks among passive strategies that use the index as a benchmark.

BSE Sensex Next 50: Adani Enterprises joins

BSE also announced changes to the BSE Sensex Next 50, with implementation aligned to June 22, 2026. Adani Enterprises is set to join this index, replacing TVS Motor Company, reflecting the corresponding move of TVS Motor into the Sensex 50.

Other additions to the BSE Sensex Next 50 include Ashok Leyland, One 97 Communications, and CG Power and Industrial Solutions. These companies will replace Ambuja Cements, Colgate-Palmolive (India), and Tube Investments of India, respectively.

One more index change: BSE Focused IT

Beyond the headline indices, the reshuffle also included a change in the BSE Focused IT index. L&T Technology Services was included, while Cyient Limited was removed, according to the same set of updates.

This is relevant for investors tracking sector-focused benchmarks, where even single-stock changes can alter factor exposures and concentration.

Summary table: entries, exits and effective date

Market impact: what changes like these can influence

Index reconstitutions matter because they can change how stocks are represented in passive portfolios and benchmark-aware strategies. Additions may see incremental demand from investors that track the index composition, while removals can face the reverse effect around the effective date.

In the updates accompanying the reshuffle, domestic stock markets were also described as ending higher on Friday, although gains were capped amid strong selling pressure in pharma and health stocks, while financials helped support the broader market. That broader tape can shape how smoothly index-related repositioning is absorbed, especially for names with higher trading activity.

Analysis: why the reshuffle is worth tracking

The changes highlight how index membership is dynamic, especially for stocks sitting near inclusion thresholds on liquidity and market-cap measures. The entry of One 97 Communications (Paytm) into the BSE 100 is notable given its prominence as a consumer-facing fintech platform, while Ashok Leyland and CG Power add representation from automobiles and industrials.

On the other side, the removal of Ambuja Cements, Tube Investments of India, and Colgate-Palmolive (India) indicates that even well-known names can rotate out in a rules-based review cycle. The note that Ambuja Cements’ shares have fallen over 23% in the past one year provides additional context on how performance and investability can coincide with index outcomes.

Conclusion

BSE Index Services’ semi-annual reshuffle will take effect from the opening bell on June 22, 2026, with changes across BSE 100, Sensex 50, and Sensex Next 50. Investors tracking these benchmarks will be watching how the additions and removals are reflected in trading and portfolio positioning around the effective date.