In a Fax we received just a while ago from Mumbai, we learn that DLF has been included in the 30 stocks Indian Indiex – BSE SENSEX.
Dr Reddy’s Lab is the stock moving out and paving way for DLF.
Additional modifications have also been done to the BSE 100 Index. Asian Paints, Bioco, Canara Bank, Dabur, Dish TV India and Videocon are out of the BSE 100. Stocks that are included are in the BSE 100 are Idea Cellular, Adani Enterprises, Jindal Steel & Power, Patni Computer Systems, Power Finance Corporation and Union Bank of India.
Here is Kotak’s coverage on DLF. Citigroup has also initiated coverage on DLF.