Dabur shares jump, Hero drops on MSCI rebalancing
Source: IRIS | 14 Aug, 2014, 03.31PM
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Rating: NAN / 5 stars. |
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Dabur India shares witnessed a record high while Hero Motocorp shares dropped after the change in Morgan Stanley Composite Index (MSCI) index weightage. MSCI has doubled the weightage of Dabur India to 0.65% from 0.32% earlier. On the other hand, it has reduced the weightage of Hero Motocorp to 0.62% from 1.24%. Dabur India gained Rs 7.1, or 3.37%, to trade at Rs 217.95. While Hero Motocorp declined Rs 70.25, or 2.72%, to trade at Rs 2,510.20 at 3.18 p.m., Thursday.
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