The FTSE March 2026 index rebalancing is effective March 20, 2026. Passive funds, ETFs, and index-linked portfolios tracking FTSE indices are adjusting their holdings today — and the changes are significant enough to move individual stocks meaningfully in today’s session.
Here is every change, what it means, and which stocks to watch.
What Is the FTSE Rebalancing and Why Does It Matter
FTSE Russell reviews its global indices periodically and adjusts constituent stocks based on market capitalisation, liquidity, and other eligibility criteria. When a stock is added to an index, every passive fund tracking that index must buy it. When a stock is deleted, those funds must sell it. Weight increases mean buying. Weight decreases mean selling.
On rebalancing effective dates like today, these forced institutional flows can produce sharp moves in affected stocks — particularly in smaller and mid-cap names where the passive buying or selling represents a significant proportion of average daily volume. The average volume multiplier column in the FTSE data tells you exactly how large those flows are relative to normal trading — a 32x average volume stock like Knowledge Realty Trust will see extraordinary activity today.
Additions — Stocks Being Bought by Passive Funds Today
These are the new entrants to FTSE’s All Cap and All World indices. Passive funds must purchase these stocks today.
Knowledge Realty Trust (KRT) — All Cap and All World addition. Dollar flow of $28.7 million across 20.9 million shares. Average volume multiple of 32.1x — the highest on the entire list. This is by far the most significant addition in terms of volume impact. Expect extraordinary trading activity in KRT today.
Hindustan Copper (HCP) — All World Migrating addition. $16.5 million flow, 2.6 million shares, 0.1x average volume — a relatively modest flow despite the All World inclusion.
Tega Industries (TEGA) — All Cap addition. $13.7 million, 0.8 million shares, 7.8x average volume. A meaningful flow for a mid-cap name.
Shriram Pistons and Rings (SPRL) — All Cap addition. $21.2 million, 0.7 million shares, 7.7x average volume. Strong flow relative to normal trading volumes.
BLACKBUCK — All Cap addition. $26.4 million, 4.0 million shares, 4.2x average volume.
Shaily Engineering Plastics (SHEP) — All Cap addition. $22.1 million, 1.0 million shares, 4.2x average volume.
SAGILITY — All Cap addition. $40.9 million, 83.0 million shares, 2.3x average volume. The largest dollar flow among new additions at $40.9 million.
IXIGO (Le Travenues Technology) — All Cap addition. $16.1 million, 7.8 million shares, 2.2x average volume.
Belrise Industries (BELRISE) — All Cap addition. $17.5 million, 8.7 million shares, 1.6x average volume.
Brainbees Solutions (FIRSTCRY) — All Cap addition. $17.6 million, 7.3 million shares, 1.5x average volume.
Prime Focus (PRIF) — All Cap addition. $21.5 million, 7.5 million shares, 1.0x average volume.
Gujarat Mineral Development Corporation (GMDC) — All Cap addition. $21.6 million, 3.5 million shares, 0.6x average volume.
Deletions — Stocks Being Sold by Passive Funds Today
Two stocks are being removed from FTSE’s All Cap index today. Passive funds must sell these holdings.
JSW Holdings (SWH) — All Cap deletion. Dollar flow of -$3.6 million, flat share count, 2.3x average volume. The negative flow is relatively modest but the 2.3x volume multiple suggests the selling will be visible in today’s session.
NIIT — All Cap deletion. Dollar flow of -$0.9 million, -1.2 million shares, 1.9x average volume. A smaller deletion in absolute terms.
Weight Increases — Stocks Getting Bigger Allocations
These existing index constituents are seeing their weightings increased, meaning passive funds must buy additional shares today.
AU Small Finance Bank (AUBANK) — the largest weight increase by dollar flow at $62.3 million across 5.9 million shares, 2.4x average volume. This is the single biggest passive buying event across the entire rebalancing today.
Shriram Finance (SHFL) — $61.7 million flow, 5.7 million shares, 0.9x average volume. The second largest weight increase by dollar flow.
Swiggy — $48.2 million, 15.8 million shares, 1.6x average volume. A significant weight increase for the food delivery platform, reflecting its growing market cap since listing.
Mindspace Business Parks REIT (MINDSPCI) — $7.7 million, 1.4 million shares, 7.9x average volume. The highest average volume multiple among weight increases — a small absolute flow but enormous relative to normal trading, making it one of the most impactful weight changes for the stock price today.
Adani Ports and Special Economic Zone (ADSEZ) — $27.0 million, 1.8 million shares, 0.6x average volume.
IndusInd Bank (IIB) — $27.2 million, 3.1 million shares, 0.7x average volume.
Biocon (BIOS) — $18.0 million, 4.3 million shares, 1.3x average volume.
Indian Overseas Bank (IOB) — $5.7 million, 14.2 million shares, 2.2x average volume.
IRB InvIT Fund (IRBINVIT) — $2.5 million, 3.6 million shares, 5.5x average volume.
TTK Prestige (TTKPT) — $0.9 million, 0.1 million shares, 5.9x average volume. Small dollar flow but high volume multiple.
Akzo Nobel India (AKZO) — $3.7 million, 0.1 million shares, 3.8x average volume.
Go Digit General Insurance (GODIGIT) — $5.1 million, 1.4 million shares, 2.8x average volume.
AWL Agri Business (AWL) — $8.6 million, 3.9 million shares, 2.2x average volume.
India Grid Trust (INDIGRID) — $4.3 million, 2.4 million shares, 1.7x average volume.
VIP Industries (VIP) — $1.2 million, 0.3 million shares, 1.5x average volume.
Alkem Laboratories (ALKEM) — $10.3 million, 0.2 million shares, 1.2x average volume.
Whirlpool of India (WHIRL) — $2.6 million, 0.3 million shares, 0.9x average volume.
Escorts Kubota (ESCORTS) — $2.9 million, 0.1 million shares, 0.8x average volume.
Marksans Pharma (MRKS) — $0.6 million, 0.3 million shares, 0.5x average volume.
AvenuesAI (CCAVENU) — $0.9 million, 9.0 million shares, 0.5x average volume.
FSN E-Commerce Ventures / Nykaa (NYKAA) — $5.4 million, 2.1 million shares, 0.5x average volume.
Brookfield India Real Estate Trust (BIRET) — $1.9 million, 0.5 million shares, 0.4x average volume.
Weight Decreases — Stocks Seeing Passive Selling Today
These constituents are having their index weightings reduced, meaning passive funds must sell a portion of their holdings.
Infosys (INFO) — by far the largest weight decrease by dollar flow at -$82.9 million across -6.1 million shares, 0.4x average volume. The largest single passive selling event of the entire rebalancing. Watch Infosys closely today — $82.9 million of forced selling is a meaningful headwind for the session even for a large-cap stock.
ITC Hotels (ITCHOTEL) — -$11.4 million, -5.6 million shares, 2.0x average volume.
OneSource Specialty Pharma (ONESOUR) — -$12.2 million, -0.9 million shares, 1.5x average volume.
Bajaj Finserv (BJFIN) — -$9.8 million, -0.5 million shares, 0.4x average volume.
Zee Entertainment (Z) — -$5.5 million, -6.5 million shares, 0.8x average volume.
GHCL (GHCL) — -$1.1 million, -0.2 million shares, 1.8x average volume.
Chalet Hotels (CHALET) — -$3.0 million, -0.3 million shares, 3.2x average volume. The highest average volume multiple among weight decreases — expect visible selling pressure in Chalet Hotels today relative to normal trading.
Embassy Developments (EMBDL) — -$1.3 million, -1.9 million shares, 1.5x average volume.
The Stocks to Watch Most Closely Today
Based on the combination of dollar flow size and average volume multiple — the two factors that most directly predict price impact — here are the names where today’s rebalancing is most likely to produce significant moves.
KRT (Knowledge Realty Trust) — 32.1x average volume on a $28.7 million buy. The most likely candidate for an extraordinary single-session move today.
Infosys — $82.9 million of forced selling. The largest absolute flow in either direction. Even at Infosys’s market cap scale, this is meaningful.
AU Small Finance Bank — $62.3 million buy, 2.4x average volume. The largest weight increase in absolute dollar terms.
Mindspace Business Parks REIT — 7.9x average volume on a weight increase. Small dollar flow but the volume multiple makes it the most impactful weight change relative to normal trading.
Chalet Hotels — 3.2x average volume on a weight decrease. Visible selling pressure expected.
IRB InvIT Fund — 5.5x average volume on a weight increase. High relative flow for an InvIT.
TTK Prestige — 5.9x average volume on a weight increase.
What This Means for Investors
FTSE rebalancing flows are mechanical — they are not driven by any fundamental view on the stocks involved. A stock being added to or receiving a higher weight in the FTSE index says nothing about its fundamental outlook. It simply means passive funds must buy it today because the rules of the index require them to.
For active investors and traders, rebalancing days create specific opportunities. Stocks with very high average volume multiples on buying flows — KRT at 32.1x, MINDSPCI at 7.9x, TTK Prestige at 5.9x — may see price moves today that are disconnected from their fundamental value. Those moves can reverse in subsequent sessions once the forced buying is complete.
For long-term investors in stocks on the weight decrease or deletion list — particularly Infosys, which faces $82.9 million of forced selling — today’s price weakness, if it materialises, is a function of index mechanics rather than any change in the company’s business or earnings outlook.
Watch the volume. Watch the flows. And remember that today’s moves in these specific stocks are being driven by rules, not by news.
FTSE March 2026 rebalancing effective March 20, 2026. All dollar flows and volume data sourced from FTSE rebalancing review. netting includes Sensex adjustments. This article is for informational purposes only and does not constitute investment advice.