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Last Updated : Nov 16, 2016 09:03 AM IST | Source: PTI

MSCI India adds 6 companies in domestic index

Havells India, M&M Financial Services, Petronet LNG, Piramal Enterprises and UPL are among the six companies to be added to the MSCI India domestic index.

 
 
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As many as 6 companies, including IDFC Bank, will be added to the MSCI India domestic index with effect from November 30.


Havells India, M&M Financial Services, Petronet LNG, Piramal Enterprises and UPL are among the six companies to be added to the MSCI India domestic index.


However, the news failed to trigger buying in most of these stocks in an overall weak broader market except for M&M Financial which rose by 1.50 per cent on BSE.

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Besides, 30 companies will be added to the MSCI India domestic small cap index, while 16 securities will be deleted.


The additions to list include Advanced Enzyme Technologies, Dilip Buildcon, Equitas Holdings, Infibeam Incorporation, Mahanagar Gas, RBL Bank, Reliance Communications and Ujjivan Financial.


On the other hand, Berger Paints, IDFC Bank, M&M Financial Services, MRF, Petronet LNG, Piramal Enterprises, PNB, among others will be deleted.

MSCI is a leading provider of benchmark indices globally.

First Published on Nov 16, 2016 08:46 am
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