Shares of UltraTech Cement and Nestle India slipped, while Titan gained nearly 1% in the morning trade on the BSE.
Titan Company, UltraTech Cement, Nestle India will be added to BSE Sensex whereas Tata Motors, Tata Motors DVR, Vedanta, Yes Bank will be deleted from the BSE Sensex. Any change in index weights can result in portfolio churns for major funds.
Tata Motors, Tata Motors DVR, Yes Bank and Vedanta will be dropped from the BSE’s benchmark Sensex from today.
The BSE also announced rejig in 14 other indices. However, there was no change in the S&P BSE Bankex. InterGlobe Aviation, Info Edge (India) and SBI Life Insurance will replace Glenmark Pharmaceuticals, Cadila Healthcare and Edelweiss Financial Services from S&P BSE 100 index.
Titan Company, UltraTech Cement, Nestle India will be added to BSE Sensex whereas Tata Motors, Tata Motors DVR, Vedanta, Yes Bank will be deleted from the BSE Sensex. Any change in index weights can result in portfolio churns for major funds.
Tata Motors, Tata Motors DVR, Yes Bank and Vedanta will be dropped from the BSE’s benchmark Sensex from today.
The BSE also announced rejig in 14 other indices. However, there was no change in the S&P BSE Bankex. InterGlobe Aviation, Info Edge (India) and SBI Life Insurance will replace Glenmark Pharmaceuticals, Cadila Healthcare and Edelweiss Financial Services from S&P BSE 100 index.
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