Market News

Wipro appoints Nagendra Bandaru to lead new AI-native unit; rejigs leadership

Wipro has appointed Nagendra Bandaru as CEO of its new AI-native business unit, aimed at scaling enterprise AI offerings, alongside key leadership changes across its technology services and global markets.

Stocks to watch: HDFC Bank, NTPC, Wipro among 10 shares in focus today

Stock market today: On Thursday, the Nifty 50 dropped 775 points, or 3.26%, to close at 23,000, while the BSE Sensex ended at 74,207, also down 3.26% from the previous session

Stocks to watch: HDFC Bank, NTPC, Wipro among 10 shares in focus today - Mint

Stocks to watch: HDFC Bank, NTPC, Wipro among 10 shares in focus todayMint

Wipro launches GIFT City hub to boost AI-led BFSI transformation

Wipro Ltd opened a new hub at GIFT City, Gandhinagar, to boost AI solutions for BFSI clients, focusing on digital banking and capital markets. It starts with 150 seats, expandable to 500. Shares of the company ended 2.79% lower at ₹188.87 ahead of the announcement on Thursday, March 19. The stock has fallen 26% over the last six months.

Persistent Systems, Coforge are CLSA's top IT sector picks for up to 78% upside

Based on discussions with TCS, Infosys, HCL Technologies, and Wipro ahead of the silent period, the brokerage said it found no evidence of increased pricing pressure in renewed contracts due to the latest artificial intelligence tools from Anthropic and OpenAI.

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.

Infosys, Wipro, Coforge, other IT stocks drop up to 6% to fresh record lows: Here’s why

Indian IT stocks saw a significant drop on Tuesday. New artificial intelligence announcements from Nvidia sparked concerns about disruption in the sector. Investors are also awaiting the US Federal Reserve's meeting outcome. Several major IT companies experienced declines, with some hitting new yearly lows. Analysts suggest valuations are now attractive despite these worries.

Wipro Share Price Live Updates: Wipro's Weekly Returns Reflect Market Challenges

Wipro Share Price Highlights: Wipro Stock Price History

Jefferies adds Wipro, Hyundai Motor India, Cipla to latest underperform list. Here’s why

Jefferies has added Wipro, Hyundai Motor India and Cipla to its latest underperform list, citing weak growth outlook, rising competition and earnings risks. The brokerage flagged slow deal ramp ups at Wipro, market share losses for Hyundai and US revenue pressure at Cipla as key concerns for investors.

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.