New Delhi, June 23 -- "The times they are a-changin'," sang Nobel laureate Bob Dylan. They sure are. To India's west, America over the weekend joined Israel's offensive against Iran's nuclear sites allegedly engaged in developing weapons.

While investors brace for potential shock waves from that conflict, a notable change has kicked in at the BSE. With effect from 23 June 2025, Nestle India, a major fast moving consumer goods (FMCG) company, will no longer be part of its Sensex, a 30-share index that tracks the share prices of large companies actively traded on this stock exchange.

Nestle's exit follows the latest semi-annual reshuffle. Since Sensex inclusion is based on free-float market capitalization, with its stock make-up weighted ...