Select stocks decline after exclusion from Nifty 50 index

ACC, Bank of Baroda, Tata Power Company and Tata Motors DVR decline at 10:00 IST on BSE after exclusion from the Nifty 50 index effective 29 September 2017.

ACC, Bank of Baroda, Tata Power Company and Tata Motors DVR will be excluded from the NSE Nifty 50 index, according to a media statement issued on the National Stock Exchange after market hours yesterday, 28 August 2017. At the same time, Bajaj Finance, Hindustan Petroleum Corporation (HPCL) and UPL will become part of the index. Changes will be effective from 29 September 2017.

ACC (down 0.94%), Bank of Baroda (down 1.35%), Tata Power Company (down 0.89%) and Tata Motors DVR (down 1.73%), edged lower.

Hindustan Petroleum Corporation (HPCL) (up 2.28%) and UPL (up 1.45%), edged higher. Bajaj Finance, however, was down 1.09%.

Meanwhile, the S&P BSE Sensex was down 181.24 points, or 0.57% at 31,569.58.

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