Zomato rallies 7% on inclusion in BSE Sensex from Dec 23; JSW Steel down 2%

Shares of food aggregator Zomato rallied 7 per cent to Rs 282.85 on the BSE in Monday’s intra-day trade after the stock exchange announced that it will replace JSW Steel with Zomato in the BSE Sensex index, starting December 23. This change is a part of the index’s regular constituent rebalancing.

The changes will take effect on December 23, 2024, Asia Index Pvt Ltd, a subsidiary of the BSE, announced on Friday.