IT firm Wipro's place in the 30-share Sensex is
atrisk unless the stock sees a sharp up-move
between now and April-end. The review
period for the S&P BSE indices June rebalance
ends on April 30. “Just over a third of the way
through the review period of the june
rebalance, we see one potential index change
with Wiproin the deletion zone. Adani
Enterprises, Coal India, and Hindalco
Industries are potential inclusions to the index
inthat order,"” said analyst Brian Freitas of
Periscope Analytics who publishes on
Smartkarma. The deletion could trigger Rs 1,327
crore worth of passive selling in Wipro, while
Adani Enterprises could see buying to the tune
of ₹1,985 crore if it makes it to the index.
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