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CORRECTED-BUZZ-India's SBI Life Insurance, Divi's Labs rise after cos to be included in Nifty 50

(Corrects company name to say “Bharti Infratel”, not “Bharti Airtel”, in third bullet and related stock move in bullet four)

** Shares of SBI Life Insurance Co Ltd up as much as 4.3% to 889.80 rupees, and Divi’s Laboratories Ltd up as much as 4.6% to a record high of 3,335 rupees

** Life insurance provider SBIL and active pharmaceutical ingredient maker DIVI to be included in blue-chip Nifty 50 index effective Sept. 25 (bit.ly/2YmW5Cn)

** Cos will replace telecom tower operator Bharti Infratel Ltd and media company Zee Entertainment Enterprises Ltd

** BHRI down as much as 0.9% to 197.50 rupees and ZEE down as much as 4.9% to 189.75 in upbeat broader Mumbai market

** Up to Thursday’s close, SBIL had fallen 11.3% YTD while DIVI had risen 72.8% (Reporting by Anuron Kumar Mitra in Bengaluru)

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