Is it greener on the other side of an index?

There's a certain prestige associated with featuring in BSE indices. After all, BSE is the oldest stock exchange in Asia. But does the entry or exit from a BSE index affect a stock's price? We decided to use the BSE 100 index as a case study to find out. How companies fare post entry From the last decade, we found that 34 companies have a share price history of three years before and after entering the BSE 100 index. Of these, 33 companies gave higher returns in the thre

This article was originally published on May 05, 2023.