Adani Ports to enter sensex; Wipro to exit

NEW DELHI: Gautam Adani-owned Adani Ports and Special Economic Zone will replace IT major Wipro on the sensex from June 24, according to an official announcement on Friday. This marks the inclusion of the first Adani Group firm in Sensex.
The group has 10 listed firms with a combined market valuation surpassing Rs 17 lakh crore. Notably, both APSEZ and Wipro are constituents of Nifty.Moreover, the group’s flagship firm Adani Enterprises is also part of Nifty.
The changes will be effective from June 24, 2024, Asia Index, a joint venture between S&P Dow Jones Indices and BSE, said in a statement. It added that the replacement is a part of periodic review.
In addition, Tata Group company Trent will enter S&P BSE Sensex 50, while Divi’s Laboratories will be dropped from the index. Apart from these, changes have been announced in S&P BSE 100, S&P BSE Bankex and S&P BSE Sensex Next 50.