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Wipro replaces Bajaj Auto in the Sensex; two-wheeler major skids 5%

Meanwhile, the Supreme Court last week dismissed a plea by Bajaj Auto against AAP government's decision to issue 4,261 new permits only to e-autos

Bajaj Dominar 400
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Bajaj Dominar 400

SI Reporter Mumbai
Shares of Bajaj Auto dipped 5 per cent to hit a fresh 52-week low of Rs 3,028 on the BSE in Monday’s intra-day trade. The two-wheeler (2W) company was out from the 30-share S&P BSE Sensex with effect from today. The information technology (IT) company Wipro replaced Bajaj Auto in the 30-share benchmark index.

Shares of Bajaj Auto fell below its previous low Rs 3,149.90 hit on Friday, December 17, 2021. In past one month, Bajaj Auto has underperformed the market by 15 per cent, as compared to 7.3 per cent decline in the S&P BSE Sensex. In comparison,

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