Grasim shares up nearly 4% on inclusion in MSCI India index

Shares of Grasim Industries rose by nearly 4 per cent today after the company was included in the MSCI India index with effect from close of February 28.
The stock gained 3.97 per cent to end at Rs 1,010.50 on BSE. During the day, it jumped 5.33 per cent to Rs 1,023.80.
At NSE, shares of the company rose by 3.73 per cent to close at Rs 1,011.10.
Led by the rise in the stock price, the company's market valuation surged Rs 1,800.29 crore to Rs 47,170.29 crore.
In terms of volume, 1.37 lakh shares of the company were traded on BSE and over 65 lakh shares changed hands at NSE during the day.

MSCI is a leading provider of benchmark indices globally.