Wednesday, May 10, 2006

MSCI raises India's weightage marginally — 13 new stocks included

News Source and Details
MSCI, a leading provider of information on indices, has increased the weightage of India in its Emerging Markets Asia index marginally to 5.42 per cent from 5.41 per cent. In the India specific Index, MSCI has included 13 stocks and removed one.

MSCI has also made changes in its Standard Index series.

The MSCI India Index additions include Arvind Mills, Bharat Electronics, Bharat Forge, Biocon, Mahindra & Mahindra, Glenmark Pharma, Jet Airways, Nicholas Piramal, UTI Bank, Reliance Energy, Kotak Mahindra Bank, Jindal Steel and Power, and Matrix Labs.

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