Why BSE shares falling as Wipro set to replace it in Nifty 50
Shares of BSE declined over 1% after opening flat on Tuesday, while Wipro traded flat, after the NSE announced that BSE will replace Wipro in the Nifty 50 index effective September 30
On Tuesday morning, the Bombay Stock Exchange (BSE) shares experienced a decline of over 1 percent when they opened flat at ₹3,620 on the National Stock Exchange (NSE). This setback came shortly after the NSE announced that BSE would replace Wipro in the Nifty 50 index, effective September 30. Wipro, in turn, will be moved to the Nifty Next 50.
At 9:26 am, BSE shares had dropped to ₹3,550 on the NSE, while Wipro was trading at ₹187.07. Earlier in the day, BSE shares had closed 4 percent higher, marking a 37 percent gain so far in 2026. In contrast, Wipro had fallen by 1.1 percent on Monday and had lost 29.5 percent of its value for the year.
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