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BSE set to enter Nifty 50 as Wipro faces ouster in September rejig; one-way flow pegged at $639 million - Moneycontrol.com
BSE set to enter Nifty 50 as Wipro faces ouster in September rejig; one-way flow pegged at $639 millionMoneycontrol.com
Wipro Share Price Live Updates: Wipro Reports Negative Weekly Returns
AI reset erases nearly half of IT majors’ value
India's top software exporters are projected to lose $200 billion in market value from their peaks due to disruptive AI technology. The aggregate market cap has already fallen by 45% since December 2024, with TCS and Wipro experiencing over 50% declines. This erosion, while significant in absolute terms, is not unprecedented for the sector.
Persistent Systems, Infosys lead sell-off in IT stocks; index extends weekly drop to 7%
Among the worst hit were Persistent Systems, Coforge, Mphasis and LTIMindtree, which declined between 3% and 5%. Heavyweights including Wipro, Tata Consultancy Services and Infosys were down 2% to 3%.
Nifty IT index tanks 7% in 4 days; TCS, Infy, HCL, LTM hit fresh 52-wk lows
In 2026 so far, TCS, Infosys, HCL Tech, Tech Mahindra, and Wipro have declined in the range of 17 per cent to 33 per cent. In comparison, the Nifty 50 index has dived 10 per cent, data showed.
Wipro Share Price Live Updates: Wipro's Closing Price Analysis
Moi Soi raises first institutional round from GVFL, Wipro Consumer Ventures
Pan-Asian food and beverage brand Moi Soi, owned by Ceres Foods, has raised its first institutional funding round from GVFL and Wipro Consumer Ventures, according to people aware of the development. The investors have collectively picked up about 17% stake, while founder Deb Mukherjee retains majority ownership.
Indian Hotels among 5 F&O stocks with a sharp rise in futures open interest
Five NSE F&O stocks, Kaynes Technology, Vedanta, Indian Hotels, Wipro and KPIT Technologies, recorded sharp futures open interest gains on May 12, signalling heightened trader participation, fresh positions and derivatives market activity.
Wipro Share Price Live Updates: Wipro faces a tough month with negative returns
Infosys To TCS: Five Reasons Why IT Sector Is Crashing
Some of the biggest IT stocks in India are trading with huge losses. TCS and Infosys, two of the biggest IT companies, have both fallen more than 3% while others such as Wipro, HCLTech and LTM are also down 2% or more.
Wipro Share Price Live Updates: Wipro's beta indicates a defensive stock
