Wipro Stock News

Shares of Wipro Limited (NYSE:WIT) have been assigned a consensus rating of Hold from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that []

Market At Close | Sensex in the green but off days highs Here are some highlights: Nifty Bank fails to hold 35,000, slips 442 points

Broader markets have tanked strongly in the last few trading sessions while large-caps have offered no respite.

The Sensex and the Nifty on Monday, December 20, 2021, tumbled more than two per cent Get more Markets News and Business News on Zee Business.

Posted by Equitymaster Indian share markets ended on a negative note yesterday. Benchmark indices fell over a percent each with investors keeping a wary eye on the impact of omicron. At the closing bell yesterday, the BSE Sensex stood lower by 889 points (down 1.5%). Meanwhile, the NSE Nifty closed lower by 263 points (down 1.5%). Wipro and Infosys were among the top gainers. IndusInd Bank and Tata Motors, on the other hand, were among the top losers . The BSE Mid Cap index ended down by 2.4% while the BSE Small Cap index ended lower by 2.1% Barring the software sector , all sectoral indices ended on a negative note with stocks from the real estate sector and banking sector witnessing most of the selling pressure. Shares of Persistent Systems and Tech Mahindra hit their respective 52-week highs . At 8:00 am today, the SGX Nifty was trading down by 105 points, or 0.6% lower at 16,910 levels. Indian share markets are headed for a negative opening today following the trend on SGX Nifty.

WIPRO Weekly Outlook and Analysis: For the Week: (Dec 20,2021 Dec 24,2021) BSE: 507685 | NSE: WIPRO | ISIN: INE075A01022 | SECTOR: I.T. Stock closed the Weekly on Positive Note Gaining 5.10% Wipro Share Price: 670.80 Weekly High: 676.80 Weekly Low: 635.35 Weekly Range: 41.45 Points Weekly Support & The post Wipro Outlook for the Week (Dec 20,2021 Dec 24,2021) appeared first on Equitypandit .

BENGALURU: Indian shares posted broad-based declines on Friday, pressured by foreign fund outflows, and as global central banks took a hawkish stance and warned of surging inflation. The NSE Nifty 50 index fell 1.53% to 16,985.20 and the benchmark S&P BSE Sensex dropped 1.54% to 57,011.74. Both the indexes shed nearly 3% this week after two consecutive weeks of gains. "The emergence of a new COVID-19 variant, Omicron, inflation concerns and a hawkish turn of global central bankers have led to an increase in volatility in equity markets worldwide, including India," said Shibani Kurian, head of equity research at Kotak Mahindra Asset Management Co. "With inflation increasing in countries across the world, all eyes are on central bankers and the pace of liquidity normalisation adopted by them." Indian shares end four-day losing streak on IT boost This week, the Bank of England became the world''s first major central bank to raise interest rates since the pandemic hammered the global economy, following the US Federal Reserve in signalling the risk of raging inflation.

IT consulting firm Accentures revenue for Q1 FY22 jumped 27% to $14.97 billion compared to $11.76 billion in the last fiscal year.Revenues were more than

Wipro invited applications for various positions and is looking for developers to join its IoT (Internet of Things) in its Bengaluru campus

Chartists believe the short term trend of Nifty continues to be range-bound with negative bias.

RateGain Travel Technologies will make its stock exchange debut on Friday. The IPO was open for subscription during 7-9 December, with the price band set at 405-425 per share to raise 1,335.74 crore. The issue was subscribed 17.41 times

The acquisition comes on the back of the $60 million it raised from Premji Invest, the family office of Wipro founder chairman Azim Premji, valuing the direct-to-consumer (D2C) brand at $630 million, last month.

Wipro acquires Infor ERP consulting partner LeanSwift Solutions. Wipro FullStride Cloud Services counter Accenture Cloud First effort.

The Indian equity benchmarks surged on Thursday led by gains in Bajaj Finance, Infosys, Bajaj Finserv and Wipro on positive global cues.

The acquisition is in line with Wipro''s strategy to invest and expand its cloud transformation business through Wipro FullStride Cloud Services.