Sensex rebalancing in sight; Sensex doors may open for this company, decision to be made in June:Major stock market indexes periodically adjust their stocks to maintain balanced performance.

News Topical, Digital Desk : Major stock market indexes periodically adjust their stocks to maintain balanced performance. As part of this process, the Sensex is scheduled to undergo rebalancing in June.

Hindalco Industries Limited, a major metals sector company, is expected to be included in this index. While there is talk of Tata Group company Trent Limited being removed from the index, this change is made based on weak and strong performing stocks. Let's learn more about this…

Chances of change in the index

According to a report in The Economic Times, Trent has underperformed over the past few months, and its shares have fallen to almost half their all-time highs, raising fears of its delisting from the Sensex. Meanwhile, Hindalco shares have continued to strengthen.

This surge has also led to an increase in the company's market cap, raising the possibility of its inclusion in the Sensex. While no major changes are expected in the Nifty 50 index at this time, significant changes are possible in the Nifty 100 and Nifty Next 50 indices, which is expected to increase trading volumes in these indices.

These stocks may get a chance in the index

According to the report, Tata Motors, Muthoot Finance, HDFC AMC, Cummins India and Union Bank of India can be included in Nifty 100 and Nifty Next 50 in the coming time.

It is being reported that these companies could replace Bajaj Housing Finance, Info Edge India, JSW Energy, Havells India, and ICICI Lombard General Insurance. If this happens, these stocks are likely to further strengthen their market position.