Shares of Adani Ports were rising on Monday after the stock was announced to be entering Sensex from June. 

What Happened: On Friday S&P Dow Jones Indices announced that Adani Ports will enter the 30-stock Sensex index effective on June 24, replacing IT major Wipro. Before the inclusion, Adani Ports stock had risen 97% in the last one year, against Wipro's increase of 16% in the same period. 

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The inclusion makes Adani Ports, the first Adani group company to enter the Sensex. Adani Ports along with Adani Enterprises, the flagship company of Adani Group is already included in the Nifty 50 index. 

The inclusion will drive inflows from passive funds to the stock. The inclusion of Adani Ports into Sensex will bring in inflows worth $252 million (around ₹2093 crore) Abhilash Pagaria, head of Nuvama Alternative and Quantitative Research told Reuters. 

Price Action: Adani Ports stock was up 1.55% at ₹1,437.65 on Monday morning. 

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