Bajaj Finance, HCL Tech To Be New Entrants On Sensex From Dec. 24
The S&P BSE Sensex will include HCL Technologies Ltd. and Bajaj Finance Ltd. from Dec. 24 in the index’s latest rejig.
The two companies will replace Wipro Ltd. and Adani Ports and Special Economic Zones Ltd., according to a notice on the BSE’s website.
With the addition of Bajaj Finance, the financial sector’s weight—already the highest—on the benchmark index will go up further. The non-bank lender has surged 36 percent this year, making it one of the best performing Indian stocks. HCL Tech has risen 9.94 percent in 2018.