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BSE Sensex to be reconstituted from December 18

BSE Sensex to be reconstituted from December 18Mumbai, Nov 17 (IANS) Asia Index on Friday informed that lenders IndusInd Bank and Yes Bank will enter the 30-scrip sensitive S&P BSE Sensex from December 18, 2017.

According to Asia Index which is a 50-50 partnership between S&P Dow Jones Indices LLC and BSE, pharma majors Cipla and Lupin will exist the barometer after reconstitution.

The reconstitution exercise involves re-evaluation of the constituents of a particular index.

 

It also incorporates addition and removal of stocks from the index and their re-ranking based on the current market situation.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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BSE Sensex to be reconstituted from December 18

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.