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.

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 ( Hot Pursuit - 19-Jun-25   15:25 )
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  Wipro renews Metro AG partnership for additional two years
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  Wipro Ltd spurts 1.61%, gains for five straight sessions
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  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
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  Wipro bags multi-year deal from Entrust to accelerate growth strategy
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  Wipro wins multi-year deal with Entrust
 ( Corporate News - 03-Jun-25   16:46 )
  Barometers pare early losses; private bank shares jump
 ( Market Commentary - Mid-Session 03-Jun-25   10:38 )
  Adani Ports records 17% YoY increase in handled cargo volume for May'25
 ( Hot Pursuit - 03-Jun-25   09:23 )
  Adani Ports records 17% growth in handled cargo volumes in May'25
 ( Corporate News - 03-Jun-25   09:09 )
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