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Coal India, Sun Pharma to get Sensex berth from Aug 8

Coal India, Sun Pharma to get Sensex berth from Aug 8

It would be for the fourth time in the last 15 odd months that the sensex would undergo a change. On May 3 last year, Sun Pharma had made way for Cipla, while on May 26, Grasim was replaced by Jindal Steel. On December 6, ACC was replaced by Bajaj Auto.

The premier stock exchange BSE Ltd would include Coal India and Sun Pharma in the Sensex effective from August 8.

The opening bell ceremony to include Coal India in the Sensex will be held on Monday, the Bombay Stock Exchange (BSE) said on Thursday.

Sun Pharma was part of the Sensex earlier and is making a comeback.

Coal India Chairman and Managing Director N C Jha and Secretary Department of Disinvestment, Ministry of Finance Mohammed Haleem Khan will attend the ceremony, it added.

Two ADAG group companies Reliance Infra and Reliance Communications would be removed from the sensitive index from August 8.

It would be for the fourth time in the last 15 odd months that the sensex would undergo a change. On May 3 last year, Sun Pharma had made way for Cipla, while on May 26, Grasim was replaced by Jindal Steel. On December 6, ACC was replaced by Bajaj Auto.


Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Aug 04, 2011, 11:12 PM IST
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