BSE Share Price Falls Nearly 4% Despite Inclusion In Nifty 50
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓BSE share price fell nearly 4% on Wednesday after its inclusion in the Nifty 50 index.
- ✓The stock dropped to Rs 3,075.00 on the NSE amid profit booking.
- ✓Many investors sold shares following a recent rally.
Story at a Glance
- Category
- MARKET
- Reported By
- NDTV Profit
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
BSE share price declined nearly 4% on Wednesday amid profit booking after inclusion in the Nifty 50 index. The stock fell as much as 3.90% to Rs 3,075.00 apiece on the NSE.
The semi-annual rejig of the Nifty 50 constituents took effect on September 30, with BSE shares replacing Wipro in the flagship index.
In the previous session, BSE shares rallied 3% ahead of the index adjustments.
BSE shares also witnessed a number of bulk deals on Tuesday. BNP Paribas Financial Markets sold a total of 44,51,693 BSE shares on September 29 at Rs 3,199.54 apiece. Goldman Sachs Investments Mauritius offloaded 23,81,571 shares of BSE at Rs 3,200 apiece, NSE bulk deal data showed.
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