reuters.com

BSE replaces Wipro in Nifty 50 after semi-annual review

BSE logoBSE
Sig3.20Sen+3.40Env0.00Soc0.00Gov0.00
Wipro logoWipro
Sig2.25Sen-2.15Env0.00Soc0.00Gov0.00

BSE was added to India’s Nifty 50 after the semi-annual index review based on six-month average free-float market capitalization, meeting the threshold versus the index’s smallest constituent Wipro, the NSE said. Passive funds track the index, with about $97 billion in AUM as of May 31. BSE shares rose 4%, while Wipro fell 1.1% and is down 29.5% year-to-date.

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