Wipro’s Nifty Exit Reflects Waning Clout of Indian IT Giants


The combined weight of India’s top five IT companies in the Nifty 50 has fallen below 9% this year, the lowest at least since 2002, according to data compiled by Bloomberg. The group accounted for more than a fifth of the benchmark at its peak about two decades ago. It now trails financials, which have a nearly 36% weight in the gauge, as well as consumer discretionary and energy.



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