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Market move▲ Bullish for BSE
BSE shares to start trading on the Nifty 50 today; MTF positions above ₹3,000 crore
The brief
- BSE begins trading on the Nifty 50 today
- NSE data showed index MTF positions above ₹3,000 crore, remaining constant ahead of inclusion
- Nifty 50 inclusion may lift BSE trading activity and visibility for Indian market participants
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BSE’s entry into the Nifty 50
BSE is set to replace Wipro in the Nifty 50, with its six-month average free-float market capitalisation at ₹1,40,879 crore versus Wipro’s ₹55,930 crore. The inclusion was expected to prompt passive fund inflows.
Wednesday, 30 September
- BSE shares to start trading on the Nifty 50 today; MTF positions above ₹3,000 crore