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Index Rebalance

2 articles

Reddit Joins S&P 500 on Aug. 18, Replacing AvalonBay in M&A-Driven Reshuffle
U.S. Equities10d ago
Reddit Joins S&P 500 on Aug. 18, Replacing AvalonBay in M&A-Driven Reshuffle
RDDT enters the benchmark index as Equity Residential's acquisition of AvalonBay forces a slot open; shares rose more than 8.8 percent in after-hours trading Wednesday.
BSE Replaces Wipro in Nifty 50 as Passive Funds Redirect $741M
Research & Analysis13d ago
BSE Replaces Wipro in Nifty 50 as Passive Funds Redirect $741M
BSE's average free-float market cap of Rs 1,40,879 crore dwarfs Wipro's Rs 55,930 crore, triggering a $741M inflow to the exchange operator from index-tracking funds.