INDIA MARKET LENS
2 outlets◆ Mixed

BSE, Wipro shares in focus as stock exchange replaces IT major on Nifty 50 today. How much inflows, outflows to expect?

BSE moved lower.

30 Sept 2026 · ET Stocks, Economic Times Markets

BSE will enter the Nifty 50, replacing Wipro in the semi-annual index rejig, potentially attracting $668 million in inflows. Wipro could face $230 million in outflows after exclusion. BSE has delivered strong long-term gains, while Wipro has declined sharply in 2026 amid pressure on Indian IT stocks and sector concerns.

Against that, the stock is -1.4% on the day at ₹159.49, and has returned -8.0% over three months. It sits 42% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved -3.2% over the same period, so Wipro is running 4.8 points behind its peers.

For Wipro, the question is how much of this is already reflected in the price and how much re-rates the it peer set alongside it.

  • With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • The company directly in focus is WIPRO.
  • Sector exposure: IT.