Bank of Baroda falls on MSCI deletion

Tags: Companies
Shares in Bank of Baroda Ltd fall percent after index provider MSCI said it will delete the stock from its MSCI global standard indexes, effective June 2.

The index provider did not specify the reasons behind the deletion, which was announced on its website on Monday.

Bank of Baroda has gained 48.1 percent so far in 2014 compared to a 15.8 percent return by the NSE index in the same period.

Shares in Bank of Baroda were trading down 2 percent to 949 rupees as of 11:09 a.m.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • It’s another challenging year for a govt that’s missed 20 of 24 targets

    The government has set an ambitious target for money to be raised through sale of public sector company shares.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

BK Chaturvedi

Corruption law calls for correction

In any country, it is its laws against corruption that ...

Kuruvilla Pandikattu SJ

Believers of the world set to rise

The world is set to become more religious as the ...

Gautam Gupta

The changing face of the fashion world

Indian fashion industry, like every fashion industry in the world, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture