BSE shifts 50 more scrips to A group

MUMBAI, February 13: The Bombay Stock Exchange (BSE) authorities have decided to promote equity shares of 50 more companies from non-specified securities group to specified securities (A group) with effect from Monday. With this, the number of scrips in the `A’ group – where carry-forward transactions are allowed – will go up to 150. Significantly, most of new private sectors banks share which were listed recently have been included in the group because of greater interest shown by the operators in bank shares. Bank of Baroda, Bank of India, Global Trust Bank, HDFC Bank, ICICI Banking Corporation and Corporation Bank are now in the A group.

The new scrips added to the A group are: Asian Hotels, Balrampur Chini Mills, Bank of Baroda, Bank of India, BASF India, Carrier Aircon, CESC, Cochin Refineries, Corporation Bank, Credit Rating and Information Services of India, Cummins India, E Merck India, Essel Packaging, Global Trust Bank, Godrej Soaps, Gujarat Gas Company, HDFC Bank, Hindustan Lever Chemicals, ICIIndia, ICICI Banking Corporation, Indian Shaving Products, Industrial Oxygen Company, Infosys Technologies, Ingersoll-Rand India, ITC Hotels, Kesoram Industries, Knoll Pharmaceuticals, LML and LIC Housing. Madras Cements, Madras Refineries, National Organic Chemicals Industries, Nicholas Piramal India, NIIT, Novartis India, Pentafour Software and Exports, Philips (India), Punjab Tractors, Rhone Poulenc India, Sandoz (India), Satyam Computer Services, Sun Pharmaceutical Industries, Swaraj Engines, Thomas Cook India, Titan Industries, TVS Suzuki, UTI Masterplus-91, Wockhardt, Zee Telefilms and Zuari Agro Chemicals. Brokers said the BSE decision to promote more scrips to the A group will boost the volume of trading.