Wipro may lose Nifty50 spot to BSE: $657 million inflows likely, says Axis Capital – Markets

Wipro may lose Nifty50 spot to BSE: $657 million inflows likely, says Axis Capital - Markets


If the inclusion goes through, Axis Capital estimates BSE could attract inflows of nearly $657 million, with index funds expected to purchase around 15.7 million shares. In contrast, Wipro may witness outflows of about $225 million, implying potential selling of nearly 114.2 million shares by index funds.



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