BSE said that HMT Ltd will be dropped from central public sector enterprises index from next week. Photo: Hemant Mishra/MintNew Delhi: Leading stock exchange BSE on Monday said that HMT Ltd will be dropped from central public sector enterprises (CPSE) index from next week. The move comes as HMT is being transferred to ‘Z’ group, wherein its scrips would be settled on trade-for-trade basis. In a circular, BSE said “effective at the open of Monday, 27 February 2017, the stock (HMT) will be dropped” from the S&P BSE CPSE index, which comprises stocks of 44 BSE-listed CPSEs”. Public sector banks are not part of this this index.
Source: Mint February 20, 2017 15:26 UTC