BSE, NSE revamp
By The National Stock Exchange Nifty ind | 16 Aug 1999
The Bombay Stock Exchange is also in the revamp mode. A dozen information technology stocks have found a place in the A group, after being transferred from the B1 group. As many as 15 other companies have been transferred to the A group. With the current move, the A group has the second-highest representation from the IT sector, the first being the pharmaceuticals sector.
The companies that are coming into the BSE's 'A' group are given in the list below. The information technology stocks are given in the left hand side column.
| IT companies | Others |
| Aptech | Amara Raja Batteries |
| BFL Software | Aurobindo Pharma |
| CMC | Bata India |
| Fujitsu ICIM | Bausch & Lomb |
| HCL | Cipla |
| Infosys | Himachal Futuristic |
| PSI Data Systems | Hoechst Marion |
| Silverline Industries | India Cements |
| Software Solutions | IOC |
| Tata Infotech | ITC Agro |
| VisualSoft (I) | TEC |
| Wipro | McDowell |
| Navneet Publications | |
| RPL | |
| Tata Elxsi | |
| Vikas WSP |
The current turnover of the A group in the BSE is around Rs.3,23,000 crore, spread over 150 companies' shares.
The carry-forward volumes helped the BSE overtake the NSE turnover on Friday the 13 th last week. Currently, the shares in the forward group form more than 90 per cent of the turnover on BSE. This is just the fifth occasion on which the NSE turnover has been lesser than that of the BSE in the last two years.
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