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BSE To Replace Wipro In Nifty 50 With Effect From September
NDTV Profit 3 hrs ago·10 Aug 2026, 2:53 pm
Stocks NDTV Profit
BSE Ltd. has announced a change to the Nifty 50 index, India's benchmark stock market gauge. Effective September 23, IT major Wipro will be replaced by BSE in the index. This move is driven by a change in market capitalization, as BSE's market value has grown to surpass Wipro's. The Nifty 50 is a popular benchmark for index funds and ETFs, and its rebalancing often triggers buying and selling activity in the affected stocks.
For investors, this shift means that index funds and ETFs tracking the Nifty 50 will need to adjust their portfolios. This typically involves buying shares of BSE and selling shares of Wipro. While this can create short-term volatility, it is a standard part of index maintenance. Investors should monitor the volume and price movement in both stocks in the coming days to understand the market's reaction to this change.
Key takeaways
- Category: Stocks.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
