Wipro will replace Bajaj Auto in the ESB Sensex
Wipro will replace Bajaj Auto in the S&P BSE Sensex 30-share benchmark as of Monday, December 20, 2021.
A national brokerage would expect a 1.5% weight addition and $ 155 million in entries due to the inclusion of Wipro. However, there could be a 0.7% weight removal and an exit of $ 74 million due to the exclusion of Bajaj Auto from the BSE Sensex.
In addition, Biocon, Power Finance Corp, Torrent Pharmaceuticals and REC will be excluded from the S&P BSE 100 Index and the S&P BSE SENSEX Next 50 Index. They will be replaced by Adani Transmission, Adani Total Gas, SRF and Max Financial Services.
In the S&P BSE Bankex, Bank of Baroda will replace City Union Bank. “There is no change in the S&P BSE SENSEX 50 index,” Asia Index said in a statement.
Asia Index is a 50-50 partnership between S&P Dow Jones Indices LLC and BSE. The company is best known for calculating, publishing and maintaining a diverse family of Asian indices under the umbrella brand S&P BSE Indices.
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