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Yes Bank, IndusInd to join India`s BSE Sensex index; Lupin, Cipla dropped
Drugmakers Lupin Ltd and Cipla Ltd will make way for the two banks, according to a statement from Asia Index Pvt Ltd.
New Delhi: Indian private sector lenders Yes Bank Ltd and IndusInd Bank Ltd will join the BSE stock exchange`s 30-member Sensex index, effective Dec. 18, the index provider said on Friday.
Drugmakers Lupin Ltd and Cipla Ltd will make way for the two banks, according to a statement from Asia Index Pvt Ltd.
Yes Bank has gained nearly a third so far this year, while IndusInd has added more than 45 percent. Lupin has shed 44 percent, while Cipla has gained about 4 percent in 2017.