Macro Finance
Wipro’s Nifty Exit Reflects Waning Clout of Indian IT Giants
Bloomberg Markets·August 11, 2026·1 min read
Wipro Ltd.'s exit from India's Nifty 50 to make way for exchange operator BSE Ltd. marks more than a benchmark reshuffle. It captures the shift from an outsourcing-led boom to one powered by the growing ranks of investors in the nation's $5-trillion stock market, reflecting waning clout of Indian IT giants.
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