Yes Bank shares fall nearly 2% after Sensex rejig; Tata Motors, Vedanta bounce back

New Delhi: Shares of Yes Bank fell nearly 2 percent on Monday after the announcement that it will be dropped from BSE benchmark Sensex from 23 December. Tata Motors, Tata Motors DVR, Yes Bank and Vedanta will be dropped from the Sensex from 23 December. Yes Bank shares dipped 1.70 percent to close at Rs 63.70 on the BSE. During the day, it dropped 3.78 percent to Rs 62.35. [caption id=“attachment_5595711” align=“alignleft” width=“380”] Representational image. Reuters.[/caption] However, shares of Tata Motors, Tata Motors DVR and Vedanta bounced back at the close of trade after early losses. The scrip of Vedanta jumped 2.74 percent, Tata Motors gained 2.31 percent and Tata Motors DVR rose 2.15 percent. UltraTech Cement, Titan Co Ltd and Nestle India will be added in their places in the index, Asia Index, a joint venture between S&P Dow Jones Indices and the BSE, said in a statement on Friday. Titan jumped 2.45 percent, Nestle rose 2.10 percent and UltraTech Cement gained 0.84 percent on the BSE.