Stock Market LIVE updates today, Tuesday, August 13, 2024: Indian benchmark indices — BSE Sensex and NSE Nifty50 — were slightly lower on Tuesday.
The Sensex index was quoting at 79,590, down 75 points, while the Nifty50 index was at 24,340, down 5 points.
HDFC Bank was the top laggard on the Sensex, down 2.5 per cent, after the latest MSCI rebalancing announcement said the weight of the lender would be increased in two tranches against expectations of one single push.
That apart, Asian Paints, Tata Motors, Bajaj Finance, Bajaj Finserv, Titan Company, and Tech M were the other losers.
On the upside, ICICI Bank, Axis Bank, Kotak Bank, Sun Pharma, Bharti Airtel, and Adani Ports were the top gainers.
Among sectors, the Nifty Financial Services was down 0.4 per cent, while the Nifty Realty index was up 0.4 per cent.
MSCI Rebalance: August review
Shares of RVNL, Vodafone Idea, Dixon Technologies, Oil India, Prestige Estates, Oracle Financial and Zydus Lifesciences will be included in the MSCI India Index as part of the latest rejig.
Bandhan Bank is the only Indian stock that will be excluded from the index.
