Software services exporter Wipro Ltd and the listed Indian unit of Siemens will be excluded from the National Stock Exchange's 50-stock index, or Nifty, from April 1, said India Index Services & Products Ltd in a statement on Wednesday.

Private sector lender IndusInd Bank Ltd and iron ore producer NMDC Ltd would be included in the Nifty index in their place, the statement added.

India Index Services & Products Ltd is a joint venture between NSE and ratings agency Crisil that maintains the Nifty index.

(Agencies)

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