Adani Enterprises Set to Replace Wipro in Sensex

In a significant development that could reshape the contours of India’s stock market, Adani Enterprises Ltd. is poised to replace Wipro Ltd. in the S&P BSE Sensex.

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Adani Enterprises Set to Replace Wipro in Sensex

In a significant development that could reshape the contours of India’s stock market, Adani Enterprises Ltd. is poised to replace Wipro Ltd. in the S&P BSE Sensex.

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The Sensex, a bellwether for India’s equity market, comprises 30 of the largest and most actively traded stocks on the Bombay Stock Exchange (BSE).

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Inclusion in the Sensex not only signifies a company’s prominence in the market but also ensures heightened visibility and liquidity.

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However, in recent years, it has faced headwinds. Despite efforts to revamp its business and drive growth through acquisitions and digital transformation.

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Wipro’s performance has lagged behind peers like Infosys and Tata Consultancy Services (TCS).

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The company’s stock has seen subdued movements, reflecting investor concerns over its ability to compete in a rapidly evolving tech landscape.

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