Market Beat     24-Jun-24
Reports
Adani Ports enters Sensex, Wipro exits as part of semi-annual rejig
Adani Ports today joined the S&P BSE Sensex pack, while Wipro exited the 30-stock index as part of the semi-annual rejig.

A domestic broker stated that the stock of Adani Ports would have received inflows worth $259 million. It estimated Wipro’s outflow to be $170 million.

As part of the rejig, seven stocks -- Bharti Airtel, Infosys, Kotak Mahindra Bank, ICICI Bank, Tech Mahindra, Tata Steel, and IndusInd Bank -- will likely see their weights go up in the index.

On the other hand, an equal number of stocks will see their weights go down in the index viz. Mahindra & Mahindra (M&M), Reliance Industries (RIL), Bajaj Finserv, HDFC Bank, Maruti Suzuki, ITC and Larsen & Toubro (L&T).

Conversely, the weights of Mahindra & Mahindra, Reliance Industries, Bajaj Finserv, HDFC Bank, Maruti Suzuki, ITC, and Larsen & Toubro will likely decrease within the index.

Previous News
  Wipro allots 1.92 lakh equity shares under ESOP
 ( Corporate News - 02-Jul-25   18:15 )
  Adani Ports records 12% jump in handled cargo volume for Jun'25
 ( Corporate News - 02-Jul-25   10:39 )
  Adani Ports handles 41.3 MMT of cargo volumes in June’25; total volume for Q1 FY26 rises by 11% YoY
 ( Hot Pursuit - 02-Jul-25   09:38 )
  Wipro grants 51,324 stock options
 ( Corporate News - 24-Jun-25   18:10 )
  Wipro to convene AGM
 ( Corporate News - 23-Jun-25   12:55 )
  Adani Ports drops 9.24% in seven days as Israel-Iran tensions escalate
 ( Hot Pursuit - 19-Jun-25   15:25 )
  Wipro allots Equity shares
 ( Corporate News - 18-Jun-25   16:32 )
  Wipro renews Metro AG partnership for additional two years
 ( Hot Pursuit - 11-Jun-25   08:34 )
  Wipro Ltd spurts 1.61%, gains for five straight sessions
 ( Hot Pursuit - 10-Jun-25   13:00 )
  Wipro relocates its Middle East HQ from Al Khobar to Riyadh
 ( Corporate News - 09-Jun-25   16:07 )
  Wipro grants 70,671 ADS Restricted Stock Units
 ( Corporate News - 05-Jun-25   18:50 )
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