Bank of Baroda stock falls on deletion from MSCI indices

Shares of Bank of Baroda fell by over three per cent after Morgan Stanley Capital International (MSCI) said it would remove the stock from its global standard indices from June 2.

The bank’s scrip tanked 3.17 per cent to settle at Rs 938.45 on the BSE. During the day, the stock fell by 3.48 per cent to Rs 935.40. On the National Stock Exchange (NSE), the scrip was down 3.12 per cent to Rs 938.85.

On the volume front, 288,000 shares of the company changed hands on the BSE, while 1,800,000 shares were traded on the NSE during the day.

The broader market ended on a flat note, with the BSE 30-scrip index, Sensex, up by 13.83 points at 24,376.88.

(Agency)