Apollo Hospitals, Oil India, Wockhardt and GlaxoSmithKline Consumer Healthcare have been added to the Morgan Stanley Capital International (MSCI) India index.
"The changes will take place after the close of trade on May 31," MSCI said in a statement. There have been no deletions from the MSCI India index, the index provider added.
Reacting to the news of addition, shares of all these companies saw robust buying interest.
Shares of GlaxoSmithKline Consumer surged 7.70 per cent to touch its record high of Rs 4,790, while Apollo Hospitals shot up by 8.02 per cent to an all-time high of Rs 1,060 on the Bombay Stock Exchange.
Similarly, Oil India gained 3.22 per cent, while Wockhardt shares jumped 3.51 per cent, in an overall positive stock market.
Inclusions in MSCI small-cap index includes stocks like Alembic Pharma, CARE, Eclerx Services, Godrej Properties, IRB Infrastructure, JK Cement, PC Jeweller, SE Investments and Videocon Industries.