Wipro Ltd. will exit India’s benchmark Nifty 50 index on September 30, 2026.
NSE Indices announced the change following its latest semi-annual review. The removal ends the IT giant’s nearly 30-year tenure as an index constituent. Stock exchange operator BSE Ltd. will replace Wipro in the benchmark.
NSE Indices based the exclusion on Wipro’s relative free-float market capitalization. The reshuffle forces index-tracking funds to sell Wipro holdings and purchase BSE shares. This transition could trigger significant fund outflows from Wipro stock. Wipro will move to the Nifty Next 50 index following its exit from the main benchmark.