A total of 12 new stocks have been included in BSE mid-cap index, while eight existing ones would move out
The Bombay Stock Exchange (BSE) on Wednesday announced changes in its indices for the mid-cap and small-cap segments, which will come into effect from January 14.
A total of 12 new stocks have been included in the BSE mid-cap index, while eight existing ones would move out.
In the BSE small-cap index, the exchange would include 28 new scrips and exclude 38 existing ones, according to a BSE statement.
Those joining the mid-cap index include Crompton Greaves, TV18 Broadcast, Network 18 Media & Investments, Credit Analysis and Research (CARE) and National Buildings Construction Corp.
BEML, Hindustan Oil Exploration Co, Tulip Telcom, Jindal Stainless and State Trading Corporation of India would exit from the index.
In case of BSE small-cap index, Sonata Software, Suven Life Sciences and Cinemax India, among others, would be included in the index.
Those being excluded from the small-cap index include Bharati Shipyard, Pradip Overseas, Timex Group India, Deccan Chronicle Holdings Ltd and JK Cement.
In addition, the exchange has included Satyam Computer Services and Glenmark Pharmaceuticals in the BSE TASIS Shariah 50, as part of its periodic review.