The NSE has deferred rebalancing of various indices that were supposed to take effect from Friday. “Considering the recent extreme market volatility, index-based market wide circuit breaker events, increased margin requirement, travel restrictions imposed in Mumbai and other cities in India, and in order to provide support to various stakeholders, it has been decided to defer the upcoming index rebalancing (including the quarterly rebalancing of shares outstanding and investible weight factors) earlier scheduled to come into effect from March 27, (close of March 26) until further notice,” it said. Our Bureau
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.