12 companies to be part of MSCI India Index; Trent shares zoom nearly 12 pc

Team Udayavani, Nov 11, 2020, 1:10 PM IST

New Delhi: As many as 12 companies, including Trent and Kotak Mahindra Bank, have been added to the MSCI India Index, while Bosch and LIC Housing Finance will move out, according to the latest MSCI Global Standard Index rejig announcement.

Other who made their way to the MSCI India index are ACC, Adani Green Energy, Apollo Hospitals, Balkrishna Industries, IPCA Laboratories, Kotak Mahindra Bank, Larsen & Toubro Infotech, MRF, Muthoot Finance, PI Industries, Trent Limited and Yes Bank.

The changes in constituents for the MSCI global standard indices will take place as of the close of November 30, 2020.

Bosch and LIC Housing Finance will move out from the list.

Shares of Trent zoomed 11.66 per cent, Apollo Hospitals jumped 6.19 per cent, Adani Green Energy 5 per cent, Balkrishna Industries rose 4.99 per cent, Yes Bank gained 4.95 per cent, IPCA Laboratories 3.86 per cent and PI Industries 3 per cent.

Kotak Mahindra Bank rose 2.97 per cent, Larsen & Toubro Infotech 2.61 per cent, Muthoot Finance 2.41 per cent, MRF 1.58 per cent and ACC advanced 1.22 per cent on the BSE.

MSCI Global Standard Index is widely used by international fund houses for benchmarking global equities portfolios.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

SBI suspends circular on recruitment of pregnant women

Grenade attack on security personnel in Srinagar

‘Election king’ again files papers for poll

Union minister V K Singh calls NYT ‘Supari Media’ over its report on Pegasus

SBI suspends circular on recruitment of pregnant women

Rejected by New Zealand, reporter turns to Taliban for help

Hassan: Unable to repay Rs 1 lakh loan, couple murders friend at lodge

Related Articles More

Market turmoil not to impact IPO valuation: Vedant Fashions

RBI asks people to follow safe digital banking practices amid rising cyber frauds

Global gold demand rises 10% to 4,021 tonnes in 2021: WGC

Forex reserves fall to USD 634.287 bn

Institutional investment in alternate realty assets up 26 pc to USD 500 mn in 2021: Report


Why Agriculture Needs Young People

Elephant shot dead near Hunsur

Mangaluru: Youth loses life while trying to save drowning girlfriend

Newly Married womens deadbody fount in forest area

Mother of late police jawan builds memorial in his Honour

Latest Additions

SBI suspends circular on recruitment of pregnant women

Manipur gets freight train connectivity; PM says it will enhance state’s commerce

Grenade attack on security personnel in Srinagar

BJP govt chased away criminals & mafias who flourished during SP regime in Uttar Pradesh: Shah

Rajasthan: Illicit liquor worth Rs 32 lakh seized, 2 held

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.