Categories: Business Top

BSE Sensex to be reconstituted from December 18

Mumbai, 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.)

Facebook Comments

About VDC

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.

Share

This website uses cookies.

%%footer%%