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New stocks in mid, small-cap indices

MUMBAI: The Bombay Stock Exchange on Thursday said it had made replacements in the BSE mid-cap and small-cap indices, which will come into effect from January 14.

A total of 30 new stocks have been included in the mid-cap index, which would replace 33 existing companies, a BSE circular said.

The new inclusions in the mid-cap index include Ahluwalia Contracts, Ashok Leyland, Biocon, Central Bank of India, Corporation Bank, Gammon India, Lupin, Monnet Ispat, Mercator Lines, Oriental Bank of Commerce, Religare Enterprises, State Trading Corporation, Tata Tea, South Indian Bank and Walchandnagar Industries.

The exchange has also decided to make replacements in the small-cap index, wherein 66 new stocks have been included in place of 65 existing companies, the circular added.

Among the small-cap index the new entrants include Aksh Optifibre, Alembic, Asian Electronic, Bihar Sponge Iron, Eicher Motors, Dabur pharma, Cambridge Solutions, Nucleus Software, Polaris Software Lab, Sundaram Fasteners, Trent and Tube Investments. — PTI

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