How Wipro's Nifty exit shows old warhorse Indian IT is losing charm
- Posted on August 11, 2026
- By Business News Today
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- 1 min read
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How Wipro's Nifty exit shows old warhorse Indian IT is losing charm
Wipros exit from the Nifty 50 and BSEs inclusion highlight the shifting composition of Indias benchmark index. The move comes as IT stocks face concerns over AI disruption and weakening investor interest. Wipro shares are down sharply in 2026, while the combined Nifty 50 weight of Indias top IT companies has fallen.