CIL, Sun Pharma to join Sensex club from Aug 8

The Bombay Stock Exchange (BSE) would include Coal India (CIL) and Sun Pharmaceutical in the Sensex effective from August 8.

The opening bell ceremony to include Coal India in the Sensex will be held on Monday, the BSE said here today.

Sun Pharma was part of the Sensex earlier and is making a comeback.

Coal India Chairman and Managing Director NC Jha and Secretary Department of Disinvestment, Ministry of Finance Mohammed Haleem Khan will attend the ceremony, it added.

Two ADAG companies Reliance Infrastructure and Reliance Communications would be removed from the sensitive index from August 8.

It would be for the fourth time in the last 15 odd months that the sensex would undergo a change. On May 3 last year, Sun Pharma had made way for Cipla, while on May 26, Grasim was replaced by Jindal Steel. On December 6, ACC was replaced by Bajaj Auto.