Mumbai: Eight companies, including Lupin, Bharti Infratel, Eicher Motors and Bharat Forge, will be added to the MSCI India Index from tomorrow, while Reliance Infrastructure will be removed.
The other companies which would be added to the index include Container Corp of India, Marico, Shree Cement and UPL. The changes would come into effect from tomorrow.
Global indexing and analytics giant MSCI Inc has indices for key markets, along with certain global, regional and theme-based indices.
There are, at present, 64 stocks in MSCI India index, including Infosys, HDFC, TCS, RIL, Sun Pharma and ITC.
Shares of Bharti Infratel fell by 2.40 percent, Bharat Forge lost 2.06 percent and Eicher Motors was trading 1.98 percent lower on the BSE.
Shree Cement was quoting 3.79 percent lower, UPL was down 2.79 percent and Container Corp slipped 2.51 percent at the BSE.
Lupin, too, was trading with 0.56 percent losses.
Shares of Reliance Infra declined by 2.42 percent ahead of its exclusion from the index.
Marico, however, was trading up 0.18 percent.
