Home / Business and Economy / BSE Index Shake-up: RailTel Joins, Four Stocks Out
BSE Index Shake-up: RailTel Joins, Four Stocks Out
6 Dec
Summary
- BSE announced a significant rejig of 28 indices on Friday.
- RailTel Corporation of India was added to the BSE PSU index.
- The changes, including four exclusions, become effective December 22.
BSE Index Services revealed a substantial restructuring of 28 key indices, impacting market dynamics. The BSE PSU index, in particular, experienced a notable rejig with five modifications.
Among the significant inclusions is the railway stock, RailTel Corporation of India, marking its entry into this prominent index. Conversely, four existing stocks—MMTC, ITI, Punjab & Sind Bank, and KIOCL—have been removed.
These strategic adjustments to the indices are conducted on a semi-annual basis. The new composition of the affected indices will officially become effective starting December 22, shaping investment strategies moving forward.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
