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The Economic Times

Business

Sakshi Kumari

BSE shares rise 2% ahead of Nifty 50 entry tomorrow. Top brokerages share mixed outlook

BSE Macquarie Nuvama Jefferies Sakshi Kumari RBI SEBI Wipro

BSE shares rose over 2% on Tuesday as the stock prepares to enter the benchmark Nifty 50 index from Wednesday, September 30, replacing Wipro as part of the NSE’s semi-annual index rebalancing.

The inclusion is expected to bring significant passive buying interest in BSE. Axis Capital estimates that index funds could buy around 15.7 million BSE shares, translating into potential inflows of $657 million.

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