BSE Shares Hit Record High on Possible Nifty 50 Entry; Wipro May Exit Index
BSE shares touched a fresh all-time high after reports suggested the stock may enter the Nifty 50 index during the September 2026 rebalancing, potentially replacing Wipro.
Quick Summary
BSE shares touched a fresh all-time high after reports suggested the stock may enter Nifty 50 index in the September 2026 rebalancing, potentially replacing Wipro. Strong trading volumes, rising retail participation, and growth in derivatives trading have supported BSE’s sharp rally over the past year.
Shares of BSE, Asia’s oldest stock exchange established in 1875, hit a fresh all-time high of ₹4,134 on NSE on Monday,18th May. The stock has gained more than 55% so far in 2026 and over 64% in the last one year from 18 May 2025 to 18 May 2026.
Today’s rally came after reports suggested that BSE could soon become part of the benchmark NIFTY 50 index during the September 2026 rebalancing.
According to Moneycontrol reports citing research firm Quiddity Advisors, BSE is likely to replace Wipro in the Nifty 50 index.
Why BSE Could Enter Nifty 50
For a stock to be included in Nifty 50, its Average Float Market Capitalisation (AFMC) must be at least 1.5 times higher than the smallest company currently in the index.
According to Quiddity Advisors analyst:
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BSE currently meets this eligibility requirement
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Wipro appears to be the weakest candidate in the index
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If only one stock is replaced, BSE could take Wipro’s place
The report estimates that the potential Nifty 50 inclusion could lead to one-way passive inflows of nearly $639 million into BSE shares.
BSE vs Wipro: Performance Comparison
Here is a quick comparison of BSE and Wipro shares’ performance over the last one year (18 May 2025- 18 May 2026).
|
Company |
1-Year Stock Performance |
Key Reason |
|
BSE |
Up over 65% |
Strong trading volumes, retail participation, derivatives growth |
|
Wipro |
Down over 23% |
Weak IT demand, cautious guidance, AI disruption concerns |
BSE has emerged as one of the best-performing financial stocks in India over the past year. The rally has been supported by:
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Higher trading activity in the cash market
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Rising retail investor participation
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Strong revival in derivatives trading
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Growing popularity of weekly Sensex options
On the other hand, Wipro has remained under pressure due to weakness in the IT sector. The company recently reported:
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Weak quarterly earnings
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Revenue below estimates
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Guidance of -2% to 0% growth for the next quarter
Concerns around artificial intelligence-led automation and slowing demand in BFSI sector have also impacted sentiment around IT stocks. If Wipro exits the Nifty 50, passive outflows of nearly $206 million are estimated, according to the report.
More Changes Expected in Nifty Indices
Quiddity Advisors expects major reshuffling in Nifty 100 index during the September 2026 review.
|
Index |
Likely Additions |
Likely Exits |
|
Nifty 50 |
BSE |
Wipro |
|
Nifty 100 |
Hitachi Energy India, Polycab India, Vodafone Idea, Bharat Heavy Electricals (BHEL). |
Macrotech Developers, Shree Cement, Indian Hotels, REC, Zydus Lifesciences |
Source: Quiddity Advisors, Axis Capital Report, Moneycontrol
Conclusion: When Will the Final Announcement Come?
According to a report by Axis Capital, the official announcement for NSE index rebalancing is expected in the second half of August 2026.
The changes will become effective from 30 September 2026.
The eligibility calculation is based on six-month average data between 1 February and 31 July 2026.
As per the data from 1 Feb to 15 May, Axis Capital currently expects:
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One change in Nifty 50
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Five changes in Nifty Next 50
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No changes in Bank Nifty
However, analysts noted that sharp stock price movements over the coming weeks could still change the final outcome.