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VERIFIEDET Stocks·neutral

BSE set for Nifty50 hot seat, likely to replace Wipro in September rejig

AI Summary
  • ·Axis Capital anticipates BSE replacing Wipro in the Nifty 50 index during the September rejig.
  • ·The changes are expected to be announced in August and become effective from September 30, 2026.
  • ·BSE's inclusion could lead to $657 million inflows, while Wipro's exit might result in $225 million outflows.
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