{
  "id": 517510,
  "title": "BSE to replace Wipro in Nifty 50 index",
  "url": "https://urgent.news/2026/08/11/bse-to-replace-wipro-in-nifty-50-index",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T00:42:11.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/bse-to-replace-wipro-in-nifty-50-index/articleshow/133139912.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "BSE shares will join the Nifty 50 index on September 30, replacing Wipro which has been part of the index since January 2002. According to the National Stock Exchange of India, BSE's six-month average free-float market capitalization stood at ₹1,40,879 crore, significantly higher than Wipro's ₹55,930 crore. This change is part of a semi-annual index review aimed at enhancing representation across market indices.\n\nThe NSE stated that BSE's inclusion is due to its market capitalization being at least 1.5 times that of the index's smallest constituent, Wipro. This move reflects the current market performance, with BSE's shares up 37% so far this year, while Wipro has declined 29.5%. The change may impact passive funds tracking the Nifty 50 index, which has around $97 billion in assets under management.\n\nThe Nifty 50 index represents the 50 largest companies in India based on average free-float market capitalization over six months, with liquidity criteria also applied. Business Recorder reported that investors are weighing AI-related risks to Indian IT service exporters, while Indian households are increasingly moving their savings into financial markets.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "BSE to replace Wipro in India's benchmark Nifty 50 index",
        "url": "https://urgent.news/2026/08/10/bse-to-replace-wipro-in-indias-benchmark-nifty-50-index",
        "published": "2026-08-10T15:13:05.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "BSE stock to enter the Nifty 50 index",
        "url": "https://urgent.news/2026/08/10/bse-stock-to-enter-the-nifty-50-index",
        "published": "2026-08-10T15:33:14.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}