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YES Bank, IndusInd to join BSE Sensex; Lupin, Cipla out

YES Bank has gained nearly a third so far this year, while IndusInd has added more than 45 per cent

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Press Trust of India
Private sector lenders -- IndusInd Bank and Yes Bank -- will make an entry in the BSE's benchmark index from December 18, Asia Index said on Friday.

Drug makers -- Cipla and Lupin -- will be dropped from the index.

The changes are announced by Asia Index, a joint venture between S&P Dow Jones Indices LLC and BSE. The move is a part of Asia Index's semi-annual reconstitution results.

"Effective at the open of Monday, December 18, 2017, ...changes will be made," the index provider noted.

The BSE-100, an index of the top 100 listed companies in the country will see Federal