Hero Honda Motors will replace Ranbaxy Laboratories Ltd in the Sensex, BSE said in an announcement on Friday.

The replacement will be effective June 29, the exchange said. The stock of Ranbaxy Laboratories was up by 8.59 per cent and closed at Rs 199.80 at the end of the trading session on Friday. The share of Hero Honda Motors closed at Rs 1,221.65, up 1.02 per cent over the previous close.