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Titan & Nestle India to enter Sensex; YES Bank, Tata Motors exit

Glenmark Pharma, Cadila Healthcare, Edelweiss Financial will be removed from BSE 100 index.

ETMarkets.com|
Updated: Nov 22, 2019, 11.02 PM IST
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Sensex rejig: Tata Motors, YES Bank to make way for Titan, Nestle
Sensex rejig: Tata Motors, YES Bank to make way for Titan, Nestle
NEW DELHI: YES Bank, Vedanta, Tata Motors and Tata Motors DVR will exit benchmark Sensex to make way for Titan Company, UltraTech Cements and Nestle India.

The changes will be effective December 23, Asia Index said on Friday. Asia Index is a 50-50 partnership between S&P Dow Jones Indices and the BSE.

The index provider will also exclude Glenmark Pharma, Cadila Healthcare and Edelweiss Financial Services from S&P BSE 100 index and add InterGlobe Aviation, Info Edge (India) and SBI Life Insurance.

The company has also affected nine changes to BSE 500 and three to the BSE 200. It will add Syngene International, Thermax and Gujarat Gas in the BSE 200 index and exclude Graphite India, HEG and Indiabulls Ventures from the index.

However, there was no changes to BSE Bankex index.

Earlier in the day, shares of Titan closed 1.09 per cent down at Rs 1,135.70. Nestle and UltraTech closed almost flat at Rs 14,170.65 and Rs 4,077, respectively.

Tata Motors and Tata Motors DVR dipped over 1 per cent each, while YES Bank and Vedanta advanced up to 2.25 per cent.
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