Asia Index today stated that, IndusInd Bank and Yes Bank will enter into the BSE’s benchmark index from December 18, 2017, while Cipla and Lupin will take an exit from the index.

These changes are declared by, Asia Index, which is 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.

Further, an index of the top 100 listed companies in the country, the BSE-100 will see Federal Bank, Grasim Industries, Vakrangee Ltd and Bajaj Holdings & Investment entering the index, while Reliance Infrastructure, Canara Bank, SAIL and United Breweries will take an exit from the BSE-100 index.

Moreover, changes have also been announced in Sensex 50, Sensex Next 50, BSE 200 and BSE 500, among others.

Read EquityPandit’s Technical Analysis Of Indian Stock Market