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Notes on tech

Notes on technology, business, enterpreneurship, economy, markets along with interesting general tidbits.

Dow Jones launches BRIC Index

6/09/2006 03:51:00 AM, posted by anand

With the increasing investor attention in economies of the emerging markets, the Dow Jones Indexes just launched the BRIC Index. It is a blue-chip index of the 50 of the largest and most actively traded companies in Brazil, Russia, India and China (BRIC). BRIC 50 Index is designed to provide balanced representation across four markets, targeting five stocks for Russia and fifteen each for Brazil, India and China.

The Indian companies that have made the cut are:

* Reliance Industries
* Infosys Technologies
* ICICI Bank
* Larsen & Toubro (L&T)
* Tata Motors
* Hindustan Lever
* Tata Steel
* Hindalco Industries
* State Bank of India
* Tata Consultancy
* Satyam Computers
* Suzlon

The current market cap of the BRIC index companies stands at over USD 436 billion.
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