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Wipro shares fall over 3%

At NSE also, the stock lost 2.94 percent to Rs 397.40.

Exclusion from NSE on demerger of non-IT biz, says Wipro

"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.