Axis Capital expects BSE to replace Wipro in the NSEs semi-annual index rebalancing, with changes likely announced in August and effective from September 30, 2026. Based on partial data, one Nifty 50 change is anticipated along with reshuffles in Nifty Next 50. If included, BSE could see $657 million inflows, while Wipro may face $225 million outflows from index funds.

BSE shares rose sharply on Tuesday on expectations of replacing Wipro in the Nifty50 during the September rejig. The rally comes after strong Q4 results and bullish brokerage…

Axis Capital expects BSE to replace Wipro in the NSEs semi-annual index rebalancing, with changes likely announced in August and effective from September 30, 2026. Based on…