Charles Darwin and the Sensex: How theory of survival of the fittest works in the corporate realm

The metamorphosis of the Sensex (or any stock index for that matter) over the years is a fascinating tale as also a reminder of how Charles Darwin’s ‘Survival of the Fittest’ theory also works in the corporate arena. With the passage of time, we find a significant churn in the top echelon of the bluest of the bluechip corporates signifying shifts in relative salience.

from Personal Finance News-Wealth-Economic Times https://ift.tt/0t9CDde