Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
News18 » Business
1-min read

MSCI India Index Adds 8 New Stocks, Removes 4; SBI Life in, Yes Bank out

The additions to the MSCI India index included Berger Paints, DLF, HDFC AMC, ICICI Prudential Life Insurance Company, Indraprastha Gas, Info Edge, SBI Life, Siemens India.

Trending Desk

Updated:November 8, 2019, 11:17 AM IST
facebookTwitter Pocket whatsapp
MSCI India Index Adds 8 New Stocks, Removes 4; SBI Life in, Yes Bank out
Image for representation. (Reuters)

The world’s largest index compiler, Morgan Stanley Capital International (MSCI) Inc., on Thursday announced key changes in its MSCI India index, which largely reflects the performance of the Indian stock markets. It has added eight companies and deleted six from the India index. The changes will come into effect after close of trade on 26 November.

The additions to the MSCI India index included Berger Paints, DLF, HDFC AMC, ICICI Prudential Life Insurance Company, Indraprastha Gas, Info Edge, SBI Life, Siemens India. Those deleted included BHEL, Glenmark Pharmaceuticals, Indiabulls Housing Finance, L&T Finance, Vodafone Idea and Yes Bank.

The latest rejig will raise the total number of stocks in the index to 84 from 80 earlier. Changes will come into effect after close of trade on 26 November.

After the current round of changes, the weightage of MSCI’s top 10 constituents will be as follows: HDFC Bank Ltd.: 10.14 percent Reliance Industries Ltd.: 8.42 percent HDFC Ltd.: 7.03 percent ICICI Bank Ltd.: 5.42 percent Infosys Ltd.: 4.77 percent Tata Consultancy Services Ltd.: 4.29 percent Kotak Mahindra Bank Ltd.: 3.94 percent Axis Bank Ltd.: 3.35 percent ITC Ltd.: 3.18 percent Hindustan Unilever Ltd: 2.85%

MSCI has also rebalanced its Global Standard Index, adding seven stocks and deleting four. The additions included Berger Paints, Colgate, DLF, SBI Life, HDFC AMC, ICICI Prudential Life and Siemens. Meanwhile, the deletions from the global index include Glenmark, Indiabulls Housing, Vodafone Idea, and Yes Bank. The MSCI India Small Cap Index also saw 17 addition and 33 deletions.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp
Most Active
Company Price Change %Gain
SBI 321.90 5.20
Bharti Airtel 393.05 8.43
ICICI Bank 499.85 0.24
Reliance 1,470.85 0.55
Yes Bank 68.70 -0.07
Company Price Change %Gain
Cipla 463.10 2.57
SBI 322.00 5.19
Bharti Airtel 393.20 8.42
Eris Life 410.15 -0.19
Yes Bank 68.70 -0.07
Top Gainers
Company Price Change %Gain
Bharti Infratel 227.15 8.87
Bharti Airtel 393.05 8.43
SBI 321.90 5.20
Grasim 755.15 2.89
Cipla 463.25 2.63
Company Price Change %Gain
Bharti Airtel 393.20 8.42
SBI 322.00 5.19
Kotak Mahindra 1,623.00 1.60
Sun Pharma 414.90 1.18
Tata Motors 168.60 0.96
Top Losers
Company Price Change %Gain
IOC 131.70 -3.76
Hero Motocorp 2,543.20 -1.87
BPCL 506.55 -1.57
Maruti Suzuki 7,147.20 -1.38
Vedanta 142.10 -1.32
Company Price Change %Gain
Hero Motocorp 2,542.85 -1.85
Maruti Suzuki 7,147.00 -1.38
ITC 250.65 -1.30
Vedanta 142.10 -1.29
NTPC 117.20 -1.14

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results