Economy

BSE to Replace Wipro in Nifty 50 Index Starting September 30

Reuters1h
THE BRIEF
1

The National Stock Exchange (NSE) announced that BSE Limited will replace Wipro in the benchmark Nifty 50 index effective September 30, 2026.

2

The rejig follows a periodic review of market capitalization and liquidity, marking a significant shift in the composition of India's headline stock index.

3

Traders expect increased volatility in both stocks as institutional funds rebalance their portfolios to align with the new index structure.