
Shares in Axis Bank Ltd rose more than 2 per cent on Monday after exchange operator BSE Ltd said it will include the lender in its benchmark BSE Sensex starting on December 23.
Axis will replace Jindal Steel & Power Ltd in the index,according to its statement late on Friday.
Axis shares were up 2.1 per cent at 9.32 am,outperforming the 1.4 per cent gain in the BSE Sensex. Jindal shares were up 0.3 percent.