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Echoes of 2022: West Asia conflict puts crude-linked sectors in the crosshairs again

Buzz line2 months ago01 mins

Oil refiners, rubber product makers, tire and tube manufacturers, and paint companies fell about 3.2% on average in early trade on 4 March. The sectors have slid nearly 7% over the past two days, while the benchmark Nifty 50 index has fallen just 2% since March 2, highlighting the outsized impact on stocks most exposed…

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Wipro’s revenue growth, margin trade-off keeps investors on tenterhooks

Buzz line3 months ago04 mins

Wipro Ltd shares fell 7% on Monday after its December quarter (Q3FY26) results and management commentary signaled subdued revenue growth and margin pressure. Despite furloughs, Q3 revenue growth came closer to the upper end of the guidance range of -0.5% to +1.5%. Sequential constant currency (CC) revenue grew 1.4%, aided by about 80 basis points…

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