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BSE rejigs mid-cap, small-cap indices

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Press Trust of India Mumbai

The BSE today announced changes in its indices for the mid-cap and small-cap segments, which will come into effect from January 9.

A total of eight new stocks have been included in BSE Mid-cap index, while 20 existing ones would move out. In the BSE Small-cap index, the exchange would include 42 new scrips and exclude 40 existing ones, according to a BSE statement.

Those joining the mid-cap index include, Suzlon Energy, Unitech, Jindal Saw, Tata Coffee, Indiabulls Real Estate, Areva T&D India and Bombay Dyeing & Mfg Co Ltd.

On the other hand, companies like Glaxosmithkline Consumer Healthcare, Gujarat NRE Coke, HCL Infosystems, Orchid Chemicals & Pharmaceuticals, SKS Microfinance and Network 18 Media & Investments have been excluded from the Mid-cap index.

Suven Life Sciences, Zenith Infotech, Hindustan Motors are among those being excluded from the BSE Small-cap index.

Those being included in the small-cap index include Essar Shipping, Balrampur Chini Mills, S Kumars Nationwide Ltd, Sujana Towers and Jyothy Laboratories.

In addition, the BSE has included Emami and Gujarat State Fertilizers & Chemicals Ltd in the BSE TASIS Shariah 50, as part of its periodic review.

 

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First Published: Jan 04 2012 | 5:57 PM IST

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