May 20, 2017 / 4:29 AM / 3 months ago

Bombay Stock Exchange to add Kotak Mahindra, Tata Motors DVR to benchmark index

FILE PHOTO: A man ties a balloon to the horns of a bull statue at the entrance of the Bombay Stock Exchange (BSE) while celebrating the Sensex index rising to over 30,000, in Mumbai, India April 26, 2017.Shailesh Andrade/File Photo

MUMBAI (Reuters) - India's Bombay Stock Exchange said that it will be adding two stocks - Kotak Mahindra Bank Ltd and Tata Motors DVR Ltd - to its benchmark index from June 19.

State-owned gas transmission company Gail Ltd will make way for the two stocks in the benchmark index, the exchange said in a statement on Friday.

On Friday, the benchmark BSE index closed up 0.10 percent at 30,464.92 after earlier rising 0.91 percent to a record high.

Reporting by Promit Mukherjee; Editing by Richard Borsuk

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