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Tata Motors, Dr. Reddy’s In Focus As Sensex Rejigs
The S&P BSE Sensex Index has added Tata Motors Ltd. as the replacement of Dr. Reddy’s Laboratories effective Monday, Dec. 19.
According to a statement by Asia Index Pvt., a joint venture between S&P Dow Jones Indices LLC and BSE Ltd. dated Nov 18, generic drugmaker Dr. Reddy’s Laboratories exclusion from the S&P BSE Sensex Index was notified.
The reshuffle also encompasses changes in S&P BSE 100 and S&P BSE Sensex Next 50 indices.
Both S&P BSE 100 and S&P BSE Sensex Next 50 indices will exclude Adani Total Gas and Hindustan Petroleum, while Adani Power and Indian Hotels will be included.
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