Wipro

Macquarie recently initiated coverage on BSE shares with an 'outperform' tag. BSE ranks above NSE in the global brokerage's pecking order for capital market stocks.

The Nifty IT index has underperformed in September, falling over 11%, as against a 6% decline in the Nifty 50.

ACC, Ambuja Cements, India Cements, Bank of Baroda, CESC, Britannia, Crompton Greaves Consumer, Havells, REC, PFC and UPL among others from the Nifty 500 index also touched 52-week lows on Monday.

18 of the 50 Nifty stocks are trading more than 20 per cent below their respective 52-week highs, with a market cap erosion of ₹31.35 lakh crore in the same period.

Wipro has reportedly delayed permanent onboarding for at least 400 WILP trainees, some of whom may now spend more than five years in the programme before becoming full-time staff

The comments ​come as India's $315 billion software services industry grapples with adoption of AI, which is ‌reshaping hiring, software development and contracts

OMC stocks representing the state-run Oil Marketing Companies, including BPCL, HPCL, and IOCL, will also remain in focus on Wednesday after Brent crude prices spiked to $96/barrel

Wipro CTO Sandhya Arun says scale, advantage, trust and adoption need to align for enterprises to derive meaningful value from artificial intelligence

So far this month, the IT index remains unchanged. In July, it recorded its best gain in six months following a 17 per cent rise.

Stocks to watch today: IT services major HCLTech said it had collaborated with chemicals and biotechnology company Wacker Chemie to set up its global capability centre (GCC) in Pune.

Wipro has added an AI agent to its skilling platform for over 240,000 associates, with personalised course recommendations based on roles, skills and past learning

To acquire the remaining 40% stake over the next three years

Large contracts are supporting deal values at Indian IT firms, but weaker discretionary spending and AI-led pricing pressure are squeezing the flow of smaller projects

NITES said the affected students and engineers received offer letters in July 2025 and completed subsequent recruitment requirements but are yet to get joining dates.

The combined weight of India's top five IT companies in the Nifty 50 has fallen below 9% this year, the lowest at least since 2002

Siemens, Zydus Lifesciences, Bata India, Caliber Mining And Logistics, Delta Corp are among companies reporting earnings today.

As part of the collaboration, the IT services company has created a dedicated Databricks business practice to develop industry-specific AI solutions and accelerators

Top IT firms reported muted growth as macroeconomic uncertainty, weak discretionary spending and AI-led disruption continued to weigh on traditional revenue streams

The acquisition, Wipro Consumer Care's 16th globally and second in the Philippines, will add brands including KERATINplus, AlcoPlus, DeoPlus, Empress and Fiona Cologne

Wipro's net profit in the first quarter rose less than a per cent to ₹3,325 crore, compared to a year earlier even as revenue rose 10.6 per cent to ₹24,480 crore.