BSE PSU index rejig: I just added RailTel to my portfolio—did you?

DCM Editorial Summary: This story has been independently rewritten and summarised for DCM readers to highlight key developments relevant to the region. Original reporting by Economic Times, click this post to read the original article.

BSE Index Services has announced a significant revision of 28 indices, including the BSE PSU index. This update, revealed on Friday, involves several key changes. Notably, the RailTel Corporation of India has been added to the index, while four stocks—MMTC, ITI, Punjab & Sind Bank (PSB), and KIOCL—have been removed.

These adjustments are part of a semi-annual review process. The new changes will take effect on December 22.