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Wipro’s Nifty exit reflects waning clout of IT giants

🤖 Wipros Nifty Exit Reflects Waning Clout

Published by OOPSONLINE.IN · Source: The Hindu Business Line · 1 min read · · Updated

What actually happened

BSE will replace Wipro in the gauge from Sept 30 as part of a semi-annual review. The switch comes as concerns over artificial intelligence and slowing global technology spending weigh on biggest software services firms.

Key points

  • BSE will replace Wipro in the gauge from Sept 30 as part of a semi-annual review.
  • The switch comes as concerns over artificial intelligence and slowing global technology spending weigh on biggest software services firms.

Summary based on data provided by The Hindu Business Line. Full article available at the original publisher.

  • #ai
  • #wipro
  • #nifty
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