BSE stock to enter the Nifty 50 index
BSE’s six-month average free-float market capitalisation stood at ₹1,40,879 crore, compared with ₹55,930 crore for Wipro, making it eligible for inclusion in the 50-stock index, NSE said on Monday
The National Stock Exchange of India announced on Monday that BSE will replace Wipro in its benchmark Nifty 50 index, beginning September 30. BSE's inclusion was determined by its six-month average free-float market capitalization being at least 1.5 times that of Wipro, the smallest constituent in the Nifty 50, according to NSE.
The decision was part of a semi-annual index review by NSE. The reshuffle comes as investors consider AI-related risks for Indian IT service exporters, and as households allocate more savings to financial markets. The Nifty 50's changes are closely monitored, as passive funds managing around $97 billion in assets are based on the 50-stock index.
As of May 31, according to NSE data. Despite easing US rate concerns and domestic earnings, Indian shares remained relatively muted amid oil price worries. BSE's shares finished 4% higher earlier in the day, marking a 37% gain for the year, whereas Wipro declined by 1.1% on Monday and has lost 29.5% so far in 2026.
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