BSE includes Kotak Mahindra Bank, Tata Motors DVR in Sensex
- Farm loan waiver: Maharashtra detects 1.5 million suspicious bank accounts
- BJP has successfully covered 75% of polling booths in 3 years: Amit Shah
- OPG Securities approaches SAT against NSE’s suspension notice
- RBI revises investment, trading rules for banks
- India needs robust cold chain supply system to increase farmers’ income, say experts
New Delhi: Private sector lender Kotak Mahindra Bank and Tata Motors DVR (Differential Voting Right Share) will be included in the BSE’s benchmark Sensex from 19 June.
State-owned GAIL will move out of the Sensex, Asia Index—an equal venture between S&P Dow Jones Indices LLC and the BSE—said in a circular.
Further, a host of changes have been made in BSE 100, BSE 200, BSE 500, Sensex Next 50 and sectoral indices such as Teck and carbonex.
The reconstitution in BSE indices will be effective from June 19, Asia Index said. Bharat Electronics, IDFC Bank, ABB India, SAIL and Canara Bank will make an entry in Sensex Next 50, replacing Oil India, GlaxoSmithKline Consumer Healthcare, Oracle Financial Services Software, Bajaj Holdings and Investment and Reliance Communications.
BSE 100 index would see Bajaj Finserv, Petronet LNG, Piramal Enterprises, Shree Cement, MRF, Container Corp Of India, Pidilite Industries, Havells India, Bharat Electronics, Apollo Hospitals Enterprise and IDFC Bank coming in.
Those moving out of the BSE 100 index are Union Bank of India, Jindal Steel & Power, Reliance Communications, Reliance Power, GMR Infrastructure, Bank of India, IDBI Bank, United Spirits, Hindustan Zinc, Federal Bank and Housing Development & Infrastructure.