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Voda, Yes Bank out of MSCI; SBI Life, DLF make inroads
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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.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
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78.25
|
75.65 |
| Japanese
Yen |
58.85 |
56.85 |
| As on 12 Nov, 2019 |
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| Daily Poll |
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| Ease of doing business improved in last one year |
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