FTSE Russell reshuffles stocks

FTSE Russell has added ICICI Prudential Life Insurance, UPL, Hindalco Industries, LIC Housing Finance and Piramal Enterprises to its large cap index. The changes will come into effect from March 20. At the same time, the index will exclude GlaxoSmithKline Consumer Healthcare and Divi's Laboratories.

The stock price of ICICI Prudential Life Insurance hit a 52-week high of Rs 371.5 in early trade. The stock price of Hindalco also rose 1.24 per cent, and is trading at Rs 191.85. Piramal Enterprises is trading 0.3 per cent higher at Rs 1845.1. LIC Housing also increased 0.86 per cent and is trading at Rs 559.2 on an intraday basis.

However, stock price of UPL declined 1.75 per cent, and is trading at Rs 705.

GSK Consumer is trading up 0.22 per cent at Rs 5087.3. However, Divi's Laboratories dropped 0.73 per cent and is trading at Rs 760.5 on an intraday basis.