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Wipro to replace Reliance Infra in Nifty

The software services exporter had been excluded from the NSE index from April 1.

Indian software services exporter Wipro Ltd will replace Reliance Infrastructure Ltd in the National Stock Exchange’s 50-stock Nifty effective September 27,the NSE said in a statement on Tuesday.

“A corporate action like our demerger of a listed company would generally result in a short term withdrawal of the scrip from the index as it has been happening in the past where such corporate action had been initiated,” Wipro had said in a statement in February.

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* NIFTY

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Wipro had been excluded from the NSE index from April 1.

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  • market news National Stock Exchange NIFTY Reliance Infrastructure Ltd Wipro Ltd
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