Comments
The MSCI (Morgan Stanley Capital International) Global Standard Indices will see the deletion of Lupin, Power Grid Corporation of India and Zee Entertainment Enterprises from global standard indices with effect from February 28, 2014.
The deletion from MSCI’s Global Standard Indices is pursuant to yesterday’s announcement and is part of the quarterly index review.
Reacting to the news, shares of Lupin lost 2.18 per cent to ₹890, while Zee Entertainment fell by 1.58 per cent to ₹260.80 on the BSE.
Shares of Power Grid declined by 0.41 per cent to ₹95.30.
The following changes in constituents for the MSCI Global Standard Indices will take place as of the close of February 28, 2014, MSCI said.
MSCI is a leading provider of benchmark indices globally.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.