Tata Motors demerger: CV unit will exit Sensex, Nifty just like Jio Financial
The demerger of Tata Motors into separate listed entities for commercial vehicles (CV) and passenger vehicles (PV) will result in the exclusion of the smaller stock (CV unit) from Sensex and Nifty. Global indices like MSCI and FTSE will evaluate the market cap of the smaller entity to determine its eligibility for passive indices.
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