Wipro's Nifty exit indicates declining charm of old-guard Indian IT amidst AI concerns

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Technology

11 August 2026 at 4:20 pm

Wipro's Nifty exit indicates declining charm of old-guard Indian IT amidst AI concerns

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Summary

Wipro's exit from the Nifty 50 and BSE's inclusion highlights a shift in India's benchmark index, as IT stocks face concerns over AI disruption and declining investor interest. Wipro shares have fallen sharply in 2026, and the combined Nifty 50 weight of India's top IT companies has decreased.

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