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BSE Shares Soar on Nifty 50 Debut, MTF Positions Exceed ₹3,000 Crore
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CNBC TV18•30-09-2026, 09:16
BSE Shares Soar on Nifty 50 Debut, MTF Positions Exceed ₹3,000 Crore
- •BSE shares will join the Nifty 50 index on September 30, marking its first inclusion in the benchmark index in nearly a decade since going public.
- •Wipro will be replaced by BSE in the Nifty 50 and will move to the Nifty Next 50 index, with Wipro shares currently trading at 52-week lows.
- •Analysts projected potential inflows of $595 million for BSE due to its Nifty inclusion, while Wipro's exclusion could lead to over $152 million in outflows.
- •Leveraged positions on BSE's MTF book remained stable at ₹3,155 crore as of September 28, nearly matching the August 31 figure of ₹3,215 crore.
- •Macquarie initiated coverage on BSE with an "outperform" rating and a ₹4,000 price target, citing its pivot to index options and strong competitive position against NSE.
Key Questions Answered
BSE is replacing technology services provider Wipro on the Nifty 50 index. Wipro has been excluded from the Nifty 50 for the first time since the inception of the index and will now trade on the Nifty Next 50 index.
Analysts at IIFL Alt Desk pegged potential inflows of $595 million for BSE as part of its Nifty inclusion, while Wipro's exclusion was expected to trigger outflows worth over $152 million.
As of September 28, the total leveraged positions on BSE stood at ₹3,155 crore, which is nearly the same as the ₹3,215 crore figure recorded on August 31. This gives BSE the second-highest exposure on the MTF book behind HDFC Bank.
