Archive · 11 Aug 2026
BSE replaces Wipro in Nifty 50 effective September 30
Imagine there is a special list of the 50 most important companies in India, called the Nifty 50.
The people who run the list check every six months to see which companies are big enough to be on it.
BSE, a company that runs one of India's stock exchanges, has become much bigger lately because many people want to buy and sell shares.
Wipro, a company that makes computer software, has become smaller in value.
To measure size, the list uses something called free-float market capitalisation, and BSE is now at least one-and-a-half times bigger than Wipro.
Because of this, BSE will join the list and Wipro will leave it on September 30.
Wipro is not being thrown out completely — it will move to a different list called the Nifty Next 50.
When the list changes, investment funds that copy it will buy shares in BSE and may sell some Wipro shares; about $97 billion of fund money follows the list.
The change shows that people are excited about India's stock market but worried about software companies, partly because of artificial intelligence.
BSE will replace Wipro in the Nifty 50 index from September 30, following the National Stock Exchange's semi-annual index review.
BSE's six-month average free-float market capitalisation rose to at least 1.5 times Wipro's, meeting the index's inclusion criteria.
BSE shares have surged about 37 per cent in 2026, while Wipro has fallen nearly 30 per cent.
Wipro will move to the Nifty Next 50, its first Nifty 50 removal since the index's launch apart from a brief exclusion in 2013.
Funds tracking the Nifty 50 managed approximately $97 billion in assets as of May 31, likely triggering passive fund rebalancing.
- Who
- BSE and Wipro, with the National Stock Exchange (NSE) announcing the change.
- What
- BSE replaces Wipro in the Nifty 50 benchmark index, and Wipro moves to the Nifty Next 50.
- When
- Announced on Monday, effective after market close on September 30.
- Where
- India's National Stock Exchange, which administers the Nifty 50 index.
- Why
- Rising investor interest in India's capital markets lifted BSE's six-month average free-float market capitalisation to at least 1.5 times Wipro's, meeting inclusion criteria.
- Index
- Nifty 50
- Change
- BSE replaces Wipro; Wipro moves to the Nifty Next 50
- Effective date
- September 30, after market close
- Inclusion criterion
- Six-month average free-float market cap at least 1.5x Wipro's
- BSE shares (2026 YTD)
- +37%
- Wipro shares (2026 YTD)
- -29.5%
- Assets tracking Nifty 50
- ~$97 billion (as of May 31)
- Other Nifty 100 entrants
- Hitachi Energy India, Polycab India, Vedanta Aluminium Metal, Vodafone Idea
