close
This ad will auto close in 10 seconds


Wipro to replace Reliance Infra in Nifty

Last Updated: Wednesday, August 28, 2013 - 11:05

Mumbai: Indian software services exporter Wipro Ltd will replace Reliance Infrastructure Ltd in the National Stock Exchange's 50-stock Nifty effective September 27, the NSE said in a statement on Tuesday.

Wipro had been excluded from the NSE index from April 1.

"A corporate action like our demerger of a listed company would generally result in a short term withdrawal of the scrip from the index as it has been happening in the past where such corporate action had been initiated," Wipro had said in a statement in Feburary.

Reuters

First Published: Wednesday, August 28, 2013 - 11:05
comments powered by Disqus