Satyam has been removed from NIFTY and SENSEX

Following the fraud acknowledgement by the promoter B Ramalinga Raju, NIFTY in a statement has announced that Satyam would be removed from Nifty 50, and Reliance Capital would be included in its place effective January 12th 2009. It would get removed from other NSE indices CNX 100, S&P CNX 500,CNX IT and the CNX Services sector index.

BSE in an announcement said that Sun Pharma would replace satyam computers in Sensex. Glaxosmithkline Pharmaceuticals would replace satyam in BSE 100. It would also get removed from BSE 200, BSE 500, BSE Teck and BSE IT indices.

Interesting posts

January 7, 2009 | Filed Under Market Outlook 

Comments

Comments are closed.

Add to Technorati Favorites