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Lupin up 2%, replaces Tata Power in Sensex today

Shares of Lupin climbed nearly 2 percent in early trade Monday after it entered into 30-share BSE Sensex today. However, the Bombay Stock Exchange removed Tata Power from its benchmark.

June 22, 2015 / 10:54 IST
     
     
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    Moneycontrol Bureau

    Shares of Lupin climbed nearly 2 percent in early trade Monday after it entered into 30-share BSE Sensex today. The Bombay Stock Exchange removed Tata Power from its benchmark.

    The exchange announced this change on May 22, 2015. Since then the drug maker gained 4.6 percent and the private power generation company slipped 5 percent in one month period.

    Additionally, Adani Power is dropped from the BSE 100 Index today while Aurobindo Pharma and Tata Motors DVR are added in the same index with effect from today.

    The exchange added Ajanta Pharma, Suzlon Energy, Dewan Housing CorporationNCC and Tata Motors DVR in BSE 200 index. It removed Sanofi India, Hindustan CopperAmtek Auto and Jaiprakash Power Ventures.

    Even in Bankex, the exchange removed Canara Bank and Bank of India. The BSE also made major changes in BSE 500 Index.

    At 09:28 hours IST, the scrip of Lupin was quoting at Rs 1,843.70, up Rs 27.25, or 1.50 percent while Tata Power Company declined 0.07 to Rs 72.10 on the BSE.

    Posted by Sunil Shankar Matkar

    first published: Jun 22, 2015 09:45 am

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