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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (2433)	8/19/1998 12:48:00 PM
From: Mohan Marette	Read Replies (2) of 12475

Morgan Stanley increases India weightage. Excerpts Among the major new entrants are 4 tech stocks - Infosys, Wipro, Satyam Computers, NIIT- pharma stocks like Dr Reddy's and Cipla and banks stocks like Bank of Baroda and Bank of India. Other stocks, which have been included in the index are Hero Honda, Punjab Tractors, Bata India, Reliance Petroleum, BHEL. Analysts say that the new composition reflects the changes in the market capitalisation trends of the Indian stock market. The stocks dropped from the index are largely commodity based stocks like Mukand, Jindal Iron and Steel, Mico,. Jaiprakash Industries. business-standard.com

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