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Market move▼ Bearish for BSE
BSE Share Price Falls Nearly 4% Despite Inclusion In Nifty 50
The brief
- BSE shares fell nearly 4% despite joining the Nifty 50
- The rejig took effect September 30, with BSE replacing Wipro
- BSE’s share-price decline weighs on investors in the stock exchange
- TCS, Wipro, other IT stocks rebound up to 6%, snapping 8-day losing streak. Why is Jefferies cautious?
- 11:11 | BSE hits Nifty 50, Trump renames AI as Super Intelligence, CAFE-3 norms notified and more
- Nifty IT cracks 11% in Sept; Infy, Wipro, Tata Elxsi trade at 52-week lows
- Indian IT stocks extend sell-off, with Infosys below ₹1,000 and Wipro at a six-year low
- BSE replaces Wipro in the Nifty 50, with potential $668 million inflows