Sensex rejig causes Yes Bank shares to fall nearly 2 per cent; Tata Motors, Vedanta bounce back

New Delhi: Shares of Yes Bank fell nearly 2 per cent Monday after announcement that it will be dropped from BSE benchmark Sensex from December 23.

Tata Motors, Tata Motors DVR, Yes Bank and Vedanta will be dropped from the Sensex from December 23.

Also Read

Markets rebound 1% on buying in financial counters, rally in global peers; Sensex jumps 900 pts

3 hours ago

Unseasonal rains damage rabi crops on 2.49 lakh ha, wheat most affected: Agri Minister

4 hours ago

Yes Bank shares dipped 1.70 per cent to close at Rs 63.70 on the BSE. During the day, it dropped 3.78 per cent to Rs 62.35.

However, shares of Tata Motors, Tata Motors DVR and Vedanta bounced back at close of trade after early losses.

The scrip of Vedanta jumped 2.74 per cent, Tata Motors gained 2.31 per cent and Tata Motors DVR rose 2.15 per cent.

UltraTech Cement, Titan Co Ltd and Nestle India will be added in their places in the index, Asia Index, a joint venture between S&P Dow Jones Indices and the BSE, said in a statement Friday.

Titan jumped 2.45 per cent, Nestle rose 2.10 per cent and UltraTech Cement gained 0.84 per cent on the BSE.

PTI