The share price of IndiGo took off in early trade today, jumping nearly 2% in intraday trade today, after the airline received a major index upgrade. InterGlobe Aviation, the parent company of IndiGo will officially enter the 30-stock BSE Sensex from December 22.
The move comes as Tata Motors Passenger Vehicles is set to exit the benchmark index.
IndiGo’s market run ahead of the entry
IndiGo shares opened on a positive note today. The stock is now up more than 28% in 2025 and close to 9% in the last six months.
Its market value stands at nearly Rs 2.27 lakh crore.
Meanwhile, Tata Motors Passenger Vehicles, which will exit the Sensex on the same day, slipped more than 1.5% after the update.
What changes on December 22
From December 22, InterGlobe Aviation (IndiGo) will replace Tata Motors Passenger Vehicles (TMPV) on the 30-stock BSE Sensex.
The change is part of the regular reshuffle done by BSE Index Services, which reviews stocks based on market performance, liquidity and eligibility rules.
Along with the Sensex change, other index adjustments will also take effect on the same day. IDFC First Bank will move into the BSE 100, taking the place of Adani Green Energy, while in the Sensex Next 50, IndusInd Bank and IDFC First Bank will step in for Max Healthcare Institute and Adani Green Energy.
IndiGo’s performance in Q2FY26
For the July-September quarter, InterGlobe Aviation reported a net loss of Rs 2,582 crore, mainly because of currency movements affecting its dollar-linked expenses. A year earlier, the loss was Rs 986 crore. Its revenue, however, increased to Rs 19,599 crore, compared to Rs 17,759 crore in the same period last year.
More shuffles across BSE Indices
Beyond the Sensex and Sensex Next 50 changes, four banks will join the BSE Bankex starting December 26. These include Canara Bank, AU Small Finance Bank, Punjab National Bank (PNB) and Union Bank of India.