GENERAL30 Sept 2026
Nifty rejig: BSE in, Wipro out in index reshuffle - what lies ahead for exchange stock investors? Experts show roadmap | Stock Market News
BSE entered the Nifty 50 index on Wednesday, replacing Wipro, which moved to the Nifty Next 50. BSE shares fell nearly 4% as it began trading on the flagship index. Brokerages are split: Macquarie stays positive with a ₹4,000 target, while Bernstein and Nuvama flag slower earnings growth. Nuvama cut its target to ₹3,240 and downgraded the stock to Hold.
Key Statutory Highlights
- BSE replaced Wipro in the Nifty 50 index as part of the twice-a-year index rebalancing, and Wipro moved to the Nifty Next 50 index.
- BSE shares fell nearly 4% on Wednesday, 30 September, when the stock began trading on the Nifty 50 for the first time.
- Macquarie kept an Outperform view with a ₹4,000 target price, while Nuvama cut its target to ₹3,240 and downgraded BSE to Hold.
Actionable Advice for Taxpayers / Founders:These are broker views, not guarantees. If you hold BSE shares, check with a certified expert before buying or selling, and treat any target price as an opinion rather than a promise.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: