Nifty and Sensex dip slightly, Tesla eyes India investment
MUMBAI - Indian stock markets saw mixed movements today, with some stocks reaching new highs while others dipped to lows. The Nifty edged down by 5.55 points to close at 19796.45, and the...
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Wipro News & Analysis
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Stock market moves: Maruti Suzuki's share allotment, LIC increases stake in BoB, Wipro-NVIDIA collaboration
NEW DELHI - Maruti Suzuki India's board is set to consider a proposal from Suzuki Motor Corporation (TYO:7269) regarding the allotment of shares this Friday. This corporate move comes as...
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Nifty companies report robust earnings, Coal India EPS forecast surges
Several firms listed on India's Nifty index have reported higher-than-expected earnings, according to Motilal Oswal Securities. Key performers included BPCL, HDFC Bank, Tata Motors...
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Wipro Anticipates Q3 FY24 Revenue Decline Amid It Sector Turbulence
In recent news, Wipro (NYSE:WIT)'s CEO Thierry Delaporte has forecasted a revenue decline for Q3FY24, reflecting the ongoing turbulence in the global IT sector. Amid macroeconomic...
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Indian stock market indices tumble amid Middle East tensions
Thursday saw a sharp decline in Indian stock market indices, primarily due to escalating tensions in the Middle East and weak global cues. The S&P BSE Sensex and NSE Nifty 50 experienced...
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Wipro Q2 revenue dips while Bajaj Auto and IndusInd Bank report profit growth
In recent financial results, Wipro (NYSE:WIT)'s second quarter (Q2) of fiscal year 2024 (FY24) saw a sequential drop in revenue of 1.6% to Rs 22,395.8 crore, alongside a fall in dollar...
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Indian banks and IT firms set to announce Q4 2023 results
Several prominent Indian companies, including Wipro (NYSE:WIT), LTIMindtree (NS:LTIM), Persistent Systems, IndusInd Bank, and Bandhan Bank are poised to announce their quarterly results...
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Accenture holds off on salary hikes for 2023 amid IT sector challenges
Facing a challenging environment in the IT sector, Accenture (NYSE:ACN) has announced it will not offer salary increases in 2023 to its more than 300,000 professionals in India and Sri...
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Indian equities rebound, TCS earnings anticipated, as Bank of Baroda onboarding halted
The Indian equity market is showing signs of recovery from losses incurred due to the Hamas-Israel conflict, with investors now looking forward to the September quarter earnings scorecard of...
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Reliance Industries, Tata Consumer, Others Expected to Rebound Despite Underperformance
In the wake of an 11% rally in the Nifty index and a surge of around 29% in the Nifty Midcap 100 and Smallcap 250, a range of large-cap stocks that have been underperforming are predicted to...
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JPMorgan maintains Wipro at 'underweight' with a price target of INR380.00
An analyst from JPMorgan maintained Wipro (NS: WIPR) at 'underweight' with a price target of INR380.00 from a prior price target of INR360.00. Prior to this rating, Wipro had 9 buy...
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Goldman Sachs maintains Wipro at 'sell' with a price target of INR390.00
An analyst from Goldman Sachs maintained Wipro (NS: WIPR) at 'sell' with a price target of INR390.00 from a prior price target of INR385.00. Prior to this rating, Wipro had 9 buy ratings,...
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Emkay Global maintains Wipro at 'buy' with a price target of INR500.00
An analyst from Emkay Global maintained Wipro (NS: WIPR) at 'buy' with a price target of INR500.00 from a prior price target of INR460.00. Prior to this rating, Wipro had 9 buy ratings, 15...
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Axis Capital Limited maintains Wipro at 'sell' with a price target of INR380.00
An analyst from Axis Capital Limited maintained Wipro (NS: WIPR) at 'sell' with a price target of INR380.00 from a prior price target of INR360.00. Prior to this rating, Wipro had 9 buy...
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Investec maintains Wipro at 'hold' with a price target of INR437.00
An analyst from Investec maintained Wipro (NS: WIPR) at 'hold' with a price target of INR437.00 from a prior price target of INR400.00. Prior to this rating, Wipro had 9 buy ratings, 15...
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Jefferies maintains Wipro at 'underperform' with a price target of INR335.00
An analyst from Jefferies maintained Wipro (NS: WIPR) at 'underperform' with a price target of INR335.00. Prior to this rating, Wipro had 10 buy ratings, 12 hold ratings, and 17 sell...
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HSBC maintains Wipro at 'hold' with a price target of INR365.00
An analyst from HSBC maintained Wipro (NS: WIPR) at 'hold' with a price target of INR365.00 from a prior price target of INR355.00. Prior to this rating, Wipro had 9 buy ratings, 15 hold...
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Citi maintains Wipro at 'sell' with a price target of INR385.00
An analyst from Citi maintained Wipro (NS: WIPR) at 'sell' with a price target of INR385.00 from a prior price target of INR350.00. Prior to this rating, Wipro had 9 buy ratings, 15 hold...
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ICICI Securities maintains Wipro at 'sell' with a price target of INR344.00
An analyst from ICICI Securities maintained Wipro (NS: WIPR) at 'sell' with a price target of INR344.00 from a prior price target of INR319.00. Prior to this rating, Wipro had 9 buy...
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UBS maintains Wipro at 'neutral' with a price target of INR430.00
An analyst from UBS maintained Wipro (NS: WIPR) at 'neutral' with a price target of INR430.00 from a prior price target of INR410.00. Prior to this rating, Wipro had 9 buy ratings, 15 hold...
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Macquarie maintains Wipro at 'outperform' with a price target of INR480.00
An analyst from Macquarie maintained Wipro (NS: WIPR) at 'outperform' with a price target of INR480.00 from a prior price target of INR440.00. Prior to this rating, Wipro had 9 buy...
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Infosys and Wipro’s NYSE Adrs Decline Amid Industry-Wide Growth Concerns
The American Depositary Receipts (ADRs) of Indian tech giants Infosys (NS:INFY) and Wipro (NYSE:WIT), listed on the New York Stock Exchange (NYSE), have been experiencing a downward...
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Morgan Stanley maintains Wipro at 'underweight' with a price target of INR390.00
An analyst from Morgan Stanley maintained Wipro (NS: WIPR) at 'underweight' with a price target of INR390.00 from a prior price target of INR352.00. Prior to this rating, Wipro had 10 buy...
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Sensex, Nifty End 4-Day Losing Streak With Marginal Gains
Snapping a four-day losing streak, India's benchmark indices Sensex and Nifty closed marginally up on Monday, despite weak global trends and foreign fund outflows impacting investor...
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Indian Stock Market Ends Flat Amid Global Influences and Sectoral Shifts
In Monday's trading, Indian stock markets ended with minimal changes, breaking a four-session losing streak. The BSE Sensex added 14.54 points to close at 66,023.69, while the NSE Nifty50...
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Kotak maintains Wipro at 'reduce' with a price target of INR405.00
An analyst from Kotak maintained Wipro (NS: WIPR) at 'reduce' with a price target of INR405.00. Prior to this rating, Wipro had 9 buy ratings, 15 hold ratings, and 14 sell ratings. For...
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Wipro Ltd. PT Raised to INR420 at Nomura/Instinet
Nomura/Instinet analyst raised the price target on Wipro Ltd. (IN) (WIT) to INR420.00 (from INR375.00) while maintaining a Neutral rating.
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