2024-11-24
Question

Which company was replaced by Zomato in the latest BSE Sensex reconstitution?

Answer & Solution

Answer: (Detailed Solution Below)

Option A: JSW Steel

Detailed Solution:

The correct answer is “JSW Steel”.

On November 22, 2024, the Asia Index Private Ltd, a subsidiary of the Bombay Stock Exchange (BSE), announced the latest reconstitution of the benchmark BSE Sensex index. As part of this rejig, Zomato, the online food delivery giant, will replace JSW Steel in the 30-stock index. The changes will take effect on December 23, 2024.