Adani Ports shares climbed nearly 3% to hit a 52-week high, fueled by the company's upcoming inclusion in the Sensex. Wipro will be replaced from June 24.
Photograph: ANI Photo
New Delhi, May 27 (PTI) Shares of Adani Ports and Special Economic Zone (APSEZ) on Monday climbed nearly 3 per cent to hit the 52-week high level as the company will replace IT major Wipro in the 30-share BSE Sensex from June 24.
The stock went up by 2.93 per cent to hit the 52-week high of Rs 1,457.25 on the BSE.
Shares of Wipro, however, declined by 2.36 per cent to Rs 452.55. The stock of Wipro the biggest laggard among the 30-share BSE Sensex firms during the morning deals.
This would mark the first inclusion of any Adani Group firm in Sensex. The group has 10 listed firms.
The changes will be effective from June 24, 2024, Asia Index, a joint venture between S&P Dow Jones Indices and BSE, said in a statement on Friday adding that the replacement is a part of a periodic review.
Both APSEZ and Wipro are constituents of NSE's Nifty index.
Changes have also been announced in S&P BSE 100, S&P BSE Bankex, S&P BSE Sensex Next 50 and S&P BSE Sensex 50.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback