GAIL India rose as the stock will replace Jaiprakash Associates in the benchmark BSE 30-stock Sensex effective Jan. 9,2012,as per the circular on the Bombay Stock Exchange’s website,said two institutional sales persons. There will be a churn in the funds and portfolio tracking Sensex in favour of GAIL ahead of the inclusion in the index,said an analyst tracking the company. At 11:29 a.m,shares of GAIL were at 389.25 rupees,up 1.16 per cent.
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