Wipro to exit Nifty 50 as BSE replaces it from September 30: What the index reshuffle means for both stocks

Wipro will exit the Nifty 50 index after nearly three decades, with BSE Ltd set to replace the IT services company from September 30, 2026. The change follows the semi annual review by NSE Indices and is linked to Wipro's lower relative free float market capitalisation. Wipro is expected to move into the Nifty Next 50 after trading closes on September 29. The index reshuffle comes as Wipro continues to face pressure from softer discretionary technology spending, while capital market infrastructure companies have seen stronger investor interest. Based on the supplied data, Wipro's market capitalisation stands at ₹1,83,033 crore, compared with ₹1,45,104 crore for BSE.

The change also highlights the sharply different stock performance of the two companies. Wipro is trading at ₹185, with a 52 week range of ₹169 to ₹273, while BSE is trading at ₹3,563 against a 52 week range of ₹2,022 to ₹4,447. Over five years, BSE has gained 2,729.52%, while Wipro has declined 38.70%. BSE also reports ROCE of 60% and ROE of 46%, compared with 17.8% and 15.5% respectively for Wipro. Wipro recently reported a mixed fiscal first quarter with a total order book of $3.4 billion and continues to invest in AI native platforms, while BSE's inclusion in the Nifty 50 gives the exchange operator greater representation in India's main benchmark.

Wipro exits Nifty 50 after nearly three decades

Wipro will leave the Nifty 50 after the market closes on September 29, 2026, with the change becoming effective from September 30. BSE Ltd will take Wipro's position in the benchmark index. The move follows the latest semi annual review by NSE Indices and reflects the relative free float market capitalisation of the two companies. Wipro is expected to move into the Nifty Next 50 following its removal from the main benchmark.

Index change	Details
Company exiting	Wipro Ltd
Company entering	BSE Ltd
Effective date	September 30, 2026
Last trading day before change	September 29, 2026
Expected new index for Wipro	Nifty Next 50
Reason for change	Relative free float market capitalisation

Wipro share price and financial metrics

Wipro was trading at ₹185 in the supplied market data on August 11, 2026. Its market capitalisation stood at ₹1,83,033 crore, while the stock's P/E was 13.8. The company had a book value of ₹83.9 per share and a dividend yield of 5.93%. Wipro's ROCE stood at 17.8% and ROE at 15.5%.

Metric	Wipro
Current price	₹185
52 week high	₹273
52 week low	₹169
Market capitalisation	₹1,83,033 crore
P/E	13.8
Book value	₹83.9
Dividend yield	5.93%
ROCE	17.8%
ROE	15.5%

BSE share price and financial metrics

BSE was trading at ₹3,563 in the supplied data, with a market capitalisation of ₹1,45,104 crore. The stock has a P/E of 51.3 and a book value of ₹164. Its ROCE of 60% and ROE of 46% are substantially higher than the corresponding figures provided for Wipro. BSE's 52 week trading range is ₹2,022 to ₹4,447.

Metric	BSE
Current price	₹3,563
52 week high	₹4,447
52 week low	₹2,022
Market capitalisation	₹1,45,104 crore
P/E	51.3
Book value	₹164
Dividend yield	0.28%
ROCE	60.0%
ROE	46.0%

Stock performance comparison

The two stocks have delivered very different returns over the periods provided. BSE has gained 49.61% over one year and 2,729.52% over five years. Wipro, in contrast, has declined 23.40% over one year and 38.70% over five years. In the shorter periods, Wipro gained 5.49% over one month, while BSE declined 5.95% during the same period.

Period	BSE	Wipro
1 day	+0.08%	-0.30%
5 days	+0.28%	-1.89%
1 month	-5.95%	+5.49%
6 months	+12.94%	-20.04%
1 year	+49.61%	-23.40%
5 years	+2,729.52%	-38.70%

Why BSE is entering the Nifty 50

BSE's inclusion reflects the latest index review and its relative free float market capitalisation compared with companies in the benchmark. The exchange operator has seen a sharp increase in its stock value over the longer period supplied, with a 2,729.52% five year return. Its inclusion will give the capital market infrastructure business representation in the Nifty 50, while Wipro is set to move to the Nifty Next 50.

The index change does not by itself determine the future performance of either stock. The impact on trading activity and institutional holdings will depend on index linked funds and other market participants adjusting their portfolios around the effective date.

Wipro's business and recent updates

Wipro is a global information technology, consulting and business process services company. The supplied information describes it as the fourth largest Indian player in the global IT services industry behind TCS, Infosys and HCL Technologies. The company recently reported a mixed fiscal first quarter, with a total order book of $3.4 billion, while continuing its strategic push into AI native platforms.

Wipro has also launched Enterprise Resilience as a Service with Rubrik as part of its cyber resilience offering. These developments come as the IT services sector continues to deal with pressure on discretionary technology spending.

BSE business profile

BSE Ltd is an Indian stock exchange based at Dalal Street in Mumbai. It facilitates trading across equity, currencies, debt instruments, derivatives and mutual funds. The exchange was established in 1875 and developed the S&P BSE SENSEX index in 1986. BSE became the first listed stock exchange in India in 2017.

The company's supplied financial metrics show a ROCE of 60% and ROE of 46%, while its P/E stands at 51.3. The stock's valuation is therefore substantially higher than Wipro's P/E of 13.8, making earnings growth and future business performance important factors when comparing the two companies.

What investors should watch

For Wipro, investors can monitor order bookings, technology spending, revenue growth and the company's progress in AI native platforms after its move out of the Nifty 50. The stock's 5.93% dividend yield is also an important part of its current market profile. For BSE, investors can follow business growth, profitability and the market's response to its inclusion in the benchmark. The stock's substantial five year return and P/E of 51.3 also make valuation an important factor to consider.

Stock outlook

The Nifty 50 reshuffle marks a significant change for both companies. Wipro will move out of the benchmark after almost three decades, while BSE will enter the index from September 30, 2026. The supplied data shows a wide difference in their recent long term stock performance, profitability ratios and valuations. The index change itself is an important market event, but future returns will depend on each company's operating performance, earnings and broader market conditions.

Why is Wipro exiting the Nifty 50?

Wipro is set to exit the Nifty 50 after nearly three decades as part of the latest semi annual index review by NSE Indices. BSE Ltd will replace Wipro in the benchmark.

When will BSE replace Wipro in the Nifty 50?

The change will become effective from September 30, 2026, after trading closes on September 29.

Which company will replace Wipro in the Nifty 50?

BSE Ltd will replace Wipro in the Nifty 50 index.

What index will Wipro move to?

Wipro is expected to move into the Nifty Next 50 after leaving the Nifty 50.

Why is BSE entering the Nifty 50?

The change follows the latest semi annual index review and reflects the relative free float market capitalisation of companies eligible for the benchmark.

What is Wipro's current share price?

The supplied market data shows Wipro trading at around ₹185 on August 11, 2026.

What is BSE's current share price?

BSE was trading at around ₹3,563 based on the supplied market data on August 11, 2026.

How has BSE stock performed over five years?

BSE has delivered a 2,729.52% return over five years based on the supplied historical stock data.

How has Wipro stock performed over five years?

Wipro has declined 38.70% over five years based on the supplied historical return data.

What is Wipro's P/E ratio?

Wipro has a supplied P/E ratio of 13.8.

What is BSE's P/E ratio?

BSE has a supplied P/E ratio of 51.3.

What is Wipro's dividend yield?

Wipro has a 5.93% dividend yield based on the supplied stock data.

What are BSE's ROE and ROCE?

BSE has a supplied ROE of 46% and ROCE of 60%.

What are Wipro's ROE and ROCE?

Wipro's supplied financial data shows ROE of 15.5% and ROCE of 17.8%.

Will Wipro's Nifty 50 exit affect the stock?

The index change may lead to portfolio adjustments by index linked funds and other institutional investors around the effective date. However, the index change alone does not determine Wipro's future stock performance.

What should investors watch after the Nifty 50 reshuffle?

Investors can track Wipro's order bookings, technology spending, revenue growth and AI related initiatives. For BSE, business growth, profitability, valuation and the market response following its Nifty 50 inclusion will be important factors.