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Wipro Stock Falls as Nifty 50 Exit Looms
This article first appeared on GuruFocus. Wipro (NYSE:WIT), the Indian technology-services giant, lost its seat in the Nifty 50and the timing could hardly be worse. BSE will take Wipro's place when the reshuffle kicks in September 30, while Wipro's Indian shares dropped another 1.1% Monday. The stock has now crashed roughly 29.5% in 2026. That makes the index …