BSE removes Indiabulls Financial Services from indices

It will be replaced in the S&P BSE 100 & S&P BSE Carbonex with United Breweries

Sachin P Mampatta Mumbai
Last Updated : Mar 14 2013 | 7:09 PM IST
BSE has excluded Indiabulls Financial Services from five of its indices following its merger with Indiabulls Housing Finance. It will be replaced in the S&P BSE 100 and S&P BSE Carbonex with United Breweries.

L&T Finance Holdings will replace it in the S&P BSE 200 index and Timken India Ltd in S&P BSE 500. There is to be no inclusion in the S&P BSE Mid Cap index although Indiabulls Financial Services will be excluded, according to an exchange notice. The changes are effective from 19th March.

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First Published: Mar 14 2013 | 7:06 PM IST

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