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 Corporation, NCC and Tata Motors DVR in BSE 200 index. It removed Sanofi India, Hindustan Copper, Amtek 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
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
