Sensex Rejig: IndiGo To Replace Tata Motors PV From December 22, Four Banks Added To BSE Bankex

Sensex December Rejig: Interglobe Aviation Ltd (IndiGo) will replace Tata Motors Passenger Vehicles Ltd (TMPVL) in the benchmark index BSE Sensex from December 22, 2025, as informed by BSE Index Services Private in a circular. Along with that, it announced a fresh reconstitution of several major indices, including BSE 100, Sensex 50, Sensex Next 50 and Bankex, with the changes set to take effect on December 22 and December 26, 2025.

The most direct reason for Tata Motors Passenger Vehicles Ltd.’s exclusion is the demerger of its commercial vehicle (CV) and passenger vehicle (PV) businesses. This split meant that the market capitalization of the new, separated Tata Motors Passenger Vehicles Ltd. (TMPVL) fell below the threshold required to remain one of the top 30 stocks by Free-Float Market Capitalization in the index.

Under BSE 100, IDFC First Bank will replace Adani Green Energy Ltd. from December 22, 2025. On the same date, Max Healthcare Institute will replace IndusInd Bank.

Under BSE Sensex Next 50, IndusInd Bank and IDFC First Bank will be added in exchange of Max Healthcare Institute and Adani Green Energy.

From December 26,

2025, BSE Bankex will have four new additions: Canara Bank, AU Small Finance Bank, Punjab National Bank, and Union Bank of India.

BSE Index Services Private Ltd (formerly Asia Index Pvt. Ltd.) is a wholly owned subsidiary of BSE Ltd, Asia’s oldest stock exchange and home to the iconic SENSEX index – a leading indicator of Indian equity market performance. BSE Index Services Pvt. Ltd aims to provide a full array of indices to global / domestic investors and calculates, publishes, and maintains a diverse family of indices.