Tech Mahindra and United Spirits rose by 1.23% to 1.91% at 10:00 IST on BSE as both these stocks will enter the coveted 50-unit CNX Nifty index from 28 March 2014.
Tech Mahindra (up 1.91%) and United Spirits (up 1.23%), edged higher.
Ranbaxy Laboratories (down 1.44%) and Jaiprakash Associates (down 0.99%), edged lower.
The S&P BSE Sensex was up 68.21 points, or 0.33% at 21,055.20.
Tech Mahindra had outperformed the market over the past one month till 26 February 2014, rising 1.57% compared with the Sensex's 0.69% fall. The scrip had also outperformed the market in past one quarter, rising 6.06% as against Sensex's 2.75% rise.
United Spirits had underperformed the market over the past one month till 26 February 2014, sliding 12.21% compared with the Sensex's 0.69% fall. The scrip had also underperformed the market in past one quarter, falling 8.38% as against Sensex's 2.75% rise.
Jaiprakash Associates had underperformed the market over the past one month till 26 February 2014, falling 13.37% compared with the Sensex's 0.69% fall. The scrip had also underperformed the market in past one quarter, falling 14.74% as against Sensex's 2.75% rise.
Ranbaxy Laboratories had outperformed the market over the past one month till 26 February 2014, rising 9.24% compared with the Sensex's 0.69% fall. The scrip had, however, underperformed the market in past one quarter, falling 12.62% as against Sensex's 2.75% rise.
Tech Mahindra and United Spirits will replace Ranbaxy Laboratories and Jaiprakash Associates in the National Stock Exchange's (NSE) 50-share CNX Nifty index with effect from 28 March 2014.
Powered by Capital Market - Live News
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 →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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