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IOC, Rural Electricfication enter MSCI index; Divis Lab makes an exit

Shares of IOC rose by 1.09% to settle at Rs 446.45 on BSE

Press Trust of India  |  New Delhi 

IOCL

Two state-owned firms Indian Oil Corporation (IOC) and (REC) will be included in the MSCI index, while drug firm will move out.

of rose by 1.09 per cent to settle at Rs 446.45 on During the day, it gained 2 per cent to Rs 450.65.

of however, fell by 0.94 per cent to end at Rs 216.90.

will move out from the index. of the company ended flat at Rs 623.85, down 0.06 per cent.

The changes in constituents for the MSCI Global Standard Indexes were announced on Monday and will take place as of close of May 31, 2017.

Changes were also announced in constituents for the MSCI global small cap indexes which will also take place as of the close of May 31, 2017.

15 would be added to the index, while 11 will move out.

Additions in the MSCI index include BSE, Dr Lal PathLabs, while those who would move out are AstraZeneca Pharma, Coffee Day Enterprises, Unitech among others.

MSCI is a leading provider of benchmark indices globally.

First Published: Tue, May 16 2017. 21:50 IST
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