New Delhi, Jan. 20 -- India's equity benchmarks may be on the verge of a structural transition, even if the headline index remains frozen.

The upcoming March 2026 semi-annual index review of the Nifty 50 is expected to deliver no change. According to Nuvama Alternative & Quantitative Research, none of the current stocks meet the stringent market-capitalisation and liquidity thresholds required to displace existing constituents, leaving the country's flagship index set for a status quo. The index review will be based on average market capitalisation and liquidity data for six months through 31 January 2026, with the official announcement expected in the second half of February and the changes taking effect at the end of March.

Yet, that ...