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Wipro’s Nifty Exit Reflects Waning Clout of Indian IT Giants
Wipro Ltd.'s exit from India's Nifty 50 to make room for exchange operator BSE Ltd. represents more than just a benchmark reshuffle. This event reflects a fundamental shift in the market, moving away from an outsourcing-led boom toward one powered by domestic investors in the nation’s $5-trillion stock market.
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