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MSCI may add United Breweries, Divi's to index - Citi

Source : REUTERS
Last Updated: Mon, Oct 29, 2012 06:50 hrs
Stock brokers trade in brokerage firm in Kolkata

Reuters Market Eye - Divi's Laboratories and United Breweries may get added to MSCI India index as part of the index provider's semi-annual review announcement expected on November 14, says Citigroup in a note seen by Reuters.

Citigroup also expects GMR Infrastructure , United Phosphorus and Unitech to be potentially deleted from the index.

The bank did not provide a reasoning behind its predictions.

United Breweries is up 8 percent while Divi's Lab is down 0.23 pct as of 12:05 p.m.

United Phosphorus falls 1.8 percent, but GMR Infra gains 2.8 percent while Unitech gains 0.2 percent.



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