Adani Ports wins hot seat in Sensex as Wipro shown the door

Gautam Adani's cash cow Adani Ports and Special Economic Zone, the shares of which have nearly doubled in the last year, would soon be included in India's headline equity index Sensex.

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S&P Dow Jones Indices on Friday announced that with effect from June 24, Wipro will be removed from the 30-share index and Adani Ports will take its place.

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