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Wipro shares plunge over 8%. What’s behind the selloff?Wipro shares dropped significantly on Monday. This decline follows the company's share buyback record date. Investors who bought shares for...- Buy, Sell or Hold: Morgan Stanley maintains underweight on Wipro; HDFC Securities upgrades Stylam IndustriesBrokerages remain selective on Indian equities, with Morgan Stanley maintaining an underweight stance on Wipro due to growth concerns. HDFC...
- Wipro plunges 8% after shares turn ex-record date for Rs 15,000 crore buybackWipro shares fell sharply on Friday after turning ex-record date for its Rs 15,000 crore buyback, despite broader market gains in the early...
- Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?IT stocks, including Infosys and TCS, surged up to 4% on Friday, driven by Wipro's expanded partnership with ServiceNow to scale AI workflo...
- Rs 18 lakh crore wiped out: Has the brutal Indian IT stock crash finally bottomed?India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations are at levels not seen since the g...
- Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
- Red alert: 15 stocks most vulnerable to FII selling as DIIs refuse to step inForeign institutional investors have divested approximately $53 billion from Indian equities since September 2024, leading to significant o...
- IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
- Don't go all in right now; Systematix bets on PSU banks, IT, and defence, avoids realty and jewelleryGeopolitical tensions necessitate a disciplined, diversified investment approach, according to Systematix Group's Nikhil Khandelwal. He adv...
- Are metals turning defensive? 5-year returns rival, even beat traditional safe havensMetal stocks are outperforming defensive sectors, delivering strong returns driven by structural demand shifts and supply constraints. Fact...
- Indian IT faces AI reset as top 5 firms post mixed FY26Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing reve...
- Infosys Q4 headcount falls by 8,440; attrition rises to 12.6%Infosys saw its employee base decrease by 8,440 in Q4FY26, despite reporting higher quarterly profits. The IT major's total headcount stood...
- Infosys logs 21% jump in Q4 profitInfosys, India's second-largest IT firm, announced robust revenue and net profit figures for the fourth quarter of FY26. Despite outperform...
- HCLTech CEO expects advanced AI services to soften revenue impactThe third largest service provider outperformed its peers, Tata Consultancy Services and Wipro on the count of revenue and profit in its fo...
- IT takes D-St on a tumble, AI fears pop up on HCL Q4 missIndian IT stocks experienced a significant decline on Wednesday. This sell-off was triggered by HCL Technologies' disappointing fourth-quar...
- Muted Q4, weak forecast cast a shadow on HCLTechHCLTech's revenue growth guidance for FY27 is significantly lower than the actual FY26 growth, implying the effect of growing dependence of...
- Wipro’s Rs 15,000 crore share buyback: Should you participate or avoid?Wipro announced its largest-ever share buyback of Rs 15,000 crore at a 19% premium, despite lackluster Q4 earnings. The IT major's board ap...
- Even a Rs 15,000-crore buyback fails to cheer Wipro investorsWipro's stock fell on Friday after its March-quarter earnings missed expectations, with a ₹15,000 crore buyback failing to boost sentiment....
- Wipro shares crack 4% after Q4, Rs 15,000-crore buyback. What Goldman Sachs, other brokerages are saying?Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyb...
- Wipro promoters to join Rs 15,000 cr buyback. What it means for retail investorsIT major Wipro is set to buy back shares worth Rs 15,000 crore. The buyback price offers a 19% premium to the previous closing rate. Promot...
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