The decline was led by the IT sector. Nifty IT Index fell by more than 4 percent, registering a weakness of about 10 percent in two days. The impact of the breakdown of ADRs in the American market was also visible on Indian companies. ADRs of Infosys and Wipro fell by about 10 per cent….
Why IT stocks are falling: Even big IT companies are in awe of the new Claude Cowork AI plug-ins launched by AI company Anthropic… highlights There is tremendous turmoil being seen in the IT sector across the world including India. Heavy selling in IT stocks has started after AI company Anthropic launched new Claude Cowork…
IT stocks crash: Indian IT stocks, including tech behemoths like Tata Consultancy Services, Infosys and Wipro, fell like ninepins in the early morning trade on Wednesday, February 4, tracking an overnight decline in tech stocks on Wall Street amid concerns that artificial intelligence could intensify competition. The recently updated artificial intelligence (AI) chatbot by Anthropic…
Dividend Stocks: Companies like Persistent Systems, United Spirits, KP Energy, Wipro, IIFL Finance, Jindal Stainless, Orient Electric, Zensar Technologies, and India Motor Parts & Accessories are among other companies that are set to trade ex-dividend in the upcoming week, according to BSE data. Ex-dividend shares mean that the company’s stock price is set to be…
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…
Wipro Share Price Target : Veteran IT stock Wipro Limited started trading with a decline on the initial day of the week. Despite the rise in quarterly results, the price of the IT stock had fallen by more than 7 percent by 10 am. With this fall, the stock was seen trading at Rs 248.10…
Domestic technology stocks staged a strong comeback last week after moving sideways for over a month, supported by better December-quarter growth at large-cap firms, healthier deal pipelines, and management commentary indicating that demand conditions have stabilized. The improved sentiment in the IT sector also helped the Nifty 50 remain higher during the week with mild…
Wipro Q3 Results: India’s fourth-largest IT services firm, Wipro, announced its financial performance for the December quarter (Q3FY26) post market hours today. The IT major reported revenue of ₹23,555 crore in Q3, coming in slightly above analysts’ consensus estimate of ₹23,151 crore, marking a 5.5% year-on-year (YoY) improvement from ₹22,318 crore reported in the same…
Wipro Q3 Results FY 2026 : The IT giant has released its quarterly results (October-December) today, Friday, January 16, 2026. Wipro in BSE exchange filing (Wipro) Said, the shareholders of the company will get ₹6/- on every equity share of face value of ₹2/ interim dividend Will be given. The interim dividend will be paid…
Stock market today: The Indian stock market is likely to open on a mixed note on Friday, January 16, tracking mixed cues from global cues. Asian markets traded mixed on Friday, meanwhile, US stocks closed in green on the back of solid economic data. Early trends from Gift Nifty pointed towards flat-to-negative opening, was trading…
