BSE to replace Wipro in Nifty 50 index from September 30: All you need to know
Business Today 1 hr ago·29 Sept 2026, 6:44 am
The National Stock Exchange of India (NSE) has announced a change to its benchmark index, the Nifty 50. Effective September 30, the information technology company Wipro will be replaced by the Bombay Stock Exchange (BSE). This adjustment ensures the index reflects the current market capitalization and trading activity of the largest and most liquid companies in the country.
For investors, this index rebalancing is a significant event. The Nifty 50 is a key benchmark for many mutual funds and ETFs, so their portfolios will automatically adjust to include BSE shares and shed Wipro holdings. This shift can impact the performance of these funds and create trading opportunities for traders.
Investors should watch for increased trading volumes in BSE shares and a corresponding drop in Wipro's trading activity as the rebalancing date approaches. The move highlights the dynamic nature of the Indian equity market and how indices are updated to stay relevant.
Excerpt from Business Today
The BSE stock enters the Nifty 50 index after its six-month average free-float market capitalisation stood at Rs 1,40,879 crore. India’s oldest stock exchange, BSE Ltd, will enter the NSE’s benchmark Nifty 50 index, replacing IT major Wipro Ltd. The exclusion and inclusion is the part of the semi-annual index…Read the original at Business Today
Key takeaways
- Category: Stocks.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. Use the price and stock snapshot to gauge how the market is responding.
