Can an index like the Bank Nifty be split in the same way as individual stocks, and what would be the potential consequences if such a split were to occur? Additionally, is there any other way to modify the composition of an index like the Bank Nifty that could affect its performance?
I don’t know anything about BN but I think if BN becomes too big to handle technically, maybe they can be a split. On the other hand, Nifty is the most traded, so they can handle BN too even if it gets too big.