Sensex reshuffle looms as BSE prepares major index changes. Brokerage Nuvama predicts Trent will exit the 30-share benchmark in the June 2026 review, with the announcement expected Friday. The retail company's declining free-float market capitalisation has pushed it below key eligibility thresholds. Either Hindalco Industries or Shriram Finance is positioned to replace Trent, though Nuvama believes Hindalco has higher inclusion probability due to sectoral representation preferences. The exclusion could trigger approximately USD 257 million in passive outflows from index funds and ETFs. While Shriram Finance currently leads in free-float market cap rankings, the index committee retains final discretion. The actual adjustment takes effect June 19 following the May 22 announcement.
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