Voda, Yes Bank out of MSCI; SBI Life, DLF make inroads

Top Stories

»	More than 6.7 Lakh MSMEs achieve ZED certification; women-led firms enjoy 100 pc subsidy
»	Free utility services come at a hidden cost: CEA Nageswaran
»	RBI's 3-day MPC meeting begins today; all eyes on repo rate decision
»	Markets open positive amid global optimism, sustained FII inflows
»	India targets over 700 MTPA additional port capacity by 2030

SME Times News Bureau | 08 Nov, 2019
Eight stocks, including Berger Paints, DLF, SBI Life Insurance have been added to the recent rejig of the Morgan Stanley Capital International (MSCI) index, while six struggling scrips of Yes Bank, India Bulls Housing Finance, Bharat Heavy Electricals Ltd (BHEL) among others have been removed.

The semi-annual rebalancing of the global index was announced late on Thursday and the changes to the MSCI India Index will come into effect after November 26.

The eight additions MSCI India Index were: Berger Paints, DLF, HDFC Asset Management, ICICI Prudential Life, Indraprastha Gas Ltd, Info Edge (India), SBI Life Insurance Co and Siemens India, MSCI said in a statement.

Those six deleted were Bharat Heavy Electricals Ltd (BHEL), Glenmark Pharmaceuticals, Indiabulls Housing Finance, L&T Finance Holdings, Vodafone-Idea Ltd and Yes Bank.