Wipro to join Nifty from September 27; Reliance Infrastructure to exit

Posted By: Religare
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Wipro to join Nifty; Reliance Infrastructure to exit
Wipro will enter the National Stock Exchange's 50-share Nifty index with effect from September 27, while Reliance Infrastructure would exit, reported PTI.

According to the media reports, the decision regarding the changes were announced by the India Index Services & Products Ltd, a joint venture of NSE and Crisil, which manages the various indices at the exchange.

Earlier, Wipro was dropped from the CNX Nifty index from April 1 as its non-IT businesses were hived off into a separate unit.

As part of periodic review, the new changes would become effective from September 27, 2013, said the media report.

Dion Global Solutions Ltd.

Read more about: wipro, reliance infrastruture, nifty
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