Indiabulls Power to join BSE-500 index from December

MUMBAI: The Bombay Stock Exchange today said power projects developer Indiabulls Power will be included in the BSE-500 index while wine maker Indage Vintners will be excluded.

The scrip of Indiabulls Power would be included in the BSE-500 index, with effect from December 1, 2009 and Indage Vintners would be excluded from the stated index with effect from the same date, BSE said in a press release.

Shares of Indiabulls Power today closed at Rs 33.50, down 2.05 per cent from its previous close and Indage Vintners settled at Rs 50.60, down 2.60 per cent from its previous close on the BSE.