Monday, June 20, 2011

BSE Sensex flat; Reliance Comm, Reliance Infra drop

MUMBAI (Reuters) - The BSE Sensex was little changed on Monday, while mobile operator Reliance Communications and utility Reliance Infrastructure , controlled by billionaire Anil Ambani, dropped on exclusion from the main index.
At 9:19 a.m. (0349 GMT), Reliance Comm was down 2.5 percent and Reliance Infra dropped 3.9 percent after the Bombay Stock Exchange decided to remove them from the benchmark index from Aug. 8.
The two companies will be replaced by state-run Coal India , the world's largest coal miner, and drugmaker Sun Pharmaceutical Industries, which gained 2.3 percent and 2.1 percent respectively.
The 30-share BSE index was barely changed at 17,867.40 points, with 17 components declining.
The 50-share NSE index was down 0.2 percent at 5,358.10.

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