Mahindra and Mahindra Financial Services has rallied 5% to Rs 267 on reports that Mahindra Group financial company has been added in the MSCI emerging markets and India indexes effective September 2.
The index provider has added Mahindra and Mahindra Financial Services to its emerging markets and India indexes, effective from the close of August 30, as per an announcement on its website on Thursday as part of its August quarterly index review, the Reuters report suggests.
The stock opened at Rs 261 and hit a high of Rs 269 on BSE. A combined around one million shares change hands on the counter in early morning deals on BSE and NSE.
The index provider has added Mahindra and Mahindra Financial Services to its emerging markets and India indexes, effective from the close of August 30, as per an announcement on its website on Thursday as part of its August quarterly index review, the Reuters report suggests.
The stock opened at Rs 261 and hit a high of Rs 269 on BSE. A combined around one million shares change hands on the counter in early morning deals on BSE and NSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%