BSE replaces Wipro in Nifty 50

In its semi-annual index review, NSE Indices announced that JSE Limited will replace Wipro in the benchmark NIFTY 50 index, effective September 30, 2026. BSE qualified due to its six-month average free-float market capitalisation of Rs 1,40,879 crore, which was at least 1.5 times that of Wipro (Rs 55,930 crore). Wipro will move to the NIFTY Next 50. The review also included changes across other indices: Hitachi — Hitachi Energy, Polycab India, Aluminium, and Vodafone Idea entered the NIFTY 50, while Indian Hotels, Lodha Group, REC, Shree Cement, and United Spirits exited. In the NIFTY 50, additions included Life Insurance Corporation, Meesho, India — Maharashtra, Hindustan Copper Limited, India, and REC. The Nifty Midcap 100 saw several changes, with BSE, Abbott Laboratories, Coromandel International, Hitachi — Hitachi Energy, Housing and Urban Development Corporation, KPIT Technologies, Polycab India, Tata Group, Tata Investment Corp, and Vodafone Idea exiting. The NIFTY 500 was also reconstituted with 27 additions and removals. The changes reflect shifting market capitalisations and investor focus, with BSE shares up 37% in 2026 while Wipro has declined 29.5% amid AI disruption concerns.