Shares of Yes Bank and IndusInd Bank today rose by up to 2.2 per cent following the announcement late last week that these companies will make an entry in the BSE's benchmark index from December 18.
The scrip of Yes Bank went up by 2.20 per cent to settle at Rs 313.20 on BSE. During the day, it gained 2.46 per cent to Rs 314.
Shares of IndusInd Bank rose by 1.17 per cent to end at Rs 1,649.90. Intra-day, it moved up by 1.69 per cent to Rs 1,658.50.
Drug makers -- Cipla and Lupin -- will be dropped from the index.
The scrip of Cipla went down by 0.99 per cent to settle at Rs 602.60, while Lupin dipped 0.39 per cent to Rs 826.25.
The changes were announced on Friday by Asia Index, a joint venture between S&P Dow Jones Indices LLC and BSE. The move is a part of Asia Index's semi-annual reconstitution results.
"Effective at the open of Monday, December 18, 2017, ...changes will be made," the index provider noted.
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