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Media Release

 

Review of BANKEX

The Index Committee in its first review of BANKEX decided to make the following changes. It may be recalled that the Exchange launched BANKEX on June 16, 2003. The index tracks the banking sector and incorporates all banking stocks within the BSE-500 index that gives 90% coverage of banking sector by market capitalisation.

CodeOutgoingCodeIncoming
531807ING Vysya Bank532215UTI Bank
  500247Kotak Mahindra Bank
  532505UCO Bank
  532388Indian Overseas Bank
  532209J & K Bank

The changes will come into effect from February 9, 2004.

 

 Dr. B. R Prasad
 CGM and Chief Economist

 February 03, 2004

 

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