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Wipro shares crack 5%, down 8% in two sessions. What’s behind the selloff?
Wipro shares fell sharply on Monday, extending a two-day decline of more than 8% after the stock turned ex-record date for its Rs 15,000 crore buyback. Weak global tech sentiment, rising US bond yields, and cautious commentary from Morgan Stanley further weighed on investor sentiment toward the IT major.
TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?
IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-related disruption concerns, brokerages such as CLSA, Nuvama and Choice Institutional Equities remain optimistic, citing resilient earnings, strong order books and expanding enterprise AI opportunities.
Nifty IT jumps 2.5%; why are Infosys, Wipro, TCS, Coforge up today?
Today's sharp outperformance in the IT sector was driven by overnight rally in tech stocks on the Wall Street and company-speciific developments back home.
Oracle, Wipro, Tech Mahindra stocks fuel the Nifty IT index above 29,000
The Nifty IT index gained almost 1% to rise to the day's high of ₹29,177.80 apiece, with all index constituents in the green. The IT pack rose 4.31% last week, though it remains flat with a negative bias for the month so far.
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.
Infosys has its best growth in 3 years, but Big Five have another uncertain year ahead
Much like Infosys, its Big Five peers Tata Consultancy Services, Wipro, HCL Technologies and Tech Mahindra have all voiced concerns about the troubled demand environment
HCLTech stock plunges on weak guidance, AI-led growth concerns
Missed targets, a softer outlook and early AI-led pricing pressure sent HCL Tech shares lower on Wednesday, echoing post-earnings declines at TCS and Wipro.
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers
On April 6, the Indian stock market gained, with the Nifty 50 up 0.68% to 23,123 and the S&P BSE Sensex rising 0.69% to 74,616. Nifty IT led sector gains at 2.5%, while PSU banks fell by 0.72%. Investors await the RBI policy decision.
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers - Mint
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainersMint
TCS, Infosys, Wipro and other IT stocks soar up to 4%. Here’s what’s triggering the surge
IT stocks rallied up to 4% on Wednesday after CLSA retained its Outperform rating on key names, easing concerns around AI-led disruption that had sparked a sharp selloff last month. Coforge and Persistent led gains, rising over 4% each, while TCS, LTIMindtree, HCL Tech, Tech Mahindra and Wipro also posted strong advances.
Stocks to Watch for March 18: Tata Steel, Tech Mahindra, Varun Beverages, Wipro and more
From India Glycols Limited announcing an interim dividend of ₹7.5 per share to Varun Beverages Limited’ South African arm acquiring a 100% stake in Crickley Dairy Proprietary Ltd, here are the stocks to watch ahead of Wednesday’s trading session.
Wipro shares in focus after bagging transformative deal from US-based TruStage, ADR volatility
Wipro's experience innovation arm Designit will also collaborate with the team to reimagine TruStage's tech stack and consumer delivery model.