Stock market reports solid gains, extends winning run on last day of FY24
Sensex was up 655.04 points or 0.90% at 73,651.35, and the Nifty was up 203.20 points or 0.92% at 22,326.90.
BSE on Friday said that it will reconstitute its barometer 30-scrip sensitive index — S&P BSE Sensex — by adding Kotak Mahindra Bank and Tata Motors' DVR from June 19.
Accordingly, the firm in a circular said that it will drop Gail India from the S&P BSE Sensex.
The reconstitution results were announced by Asia Index Private Ltd which is a 50-50 partnership between S&P Dow Jones Indices LLC and the BSE. The company is best known for calculating, publishing, and maintaining a diverse family of Asian indices under the umbrella brand, S&P BSE Indices.
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