The Jio Fin and Zomato Scenario
❓ Why Not Jio Fin and Zomato?
Despite having a higher average free-float market cap than Trent and BEL, Jio Financial Services (Jio Fin) and Zomato Ltd are not eligible for Nifty50 inclusion.
🔍 Reason: They are not listed in the Futures & Options (F&O) segment, a requirement for index inclusion.