MARKET EYE -Tech Mahindra, United Spirits to join India's NSE index
* Software (Xetra: 330400 - news) company Tech Mahindra and liquor maker
United Spirits, which is partially owned by Diageo PLC (LSE: DGE.L - news)
, would be included in India's NSE index from
March 28, the National Stock Exchange (NSE) said.
* The two stocks will replace Jaiprakash Associates
and Ranbaxy Laboratories (BSE: RANBAXY.BO - news) , NSE said in a circular on
Thursday.
* Among other notable changes, Federal Bank (BSE: FEDBANK.BO - news) would
replace Union Bank of India (BSE: UNIONBANK.BO - news) in CNX Bank index.
* Nifty Midcap 50 index will have three
changes--financial stocks Bank of India (BSE: BOI.BO - news) , Canara Bank
and Power Finance Corp replace Hexaware
Technologies, Housing Development and Infrastructure
and JSW Steel (BSE: JSWSL.BO - news) .
(abhishek.vishnoi@thomsonreuters.com/
abhishek.vishnoi.thomsonreuters.com@reuters.net)