Page 2 - Wipro Ltd News
Nifty IT set for best month since July 2024; but is it out of the woods?
Analysts remain mixed on IT stocks' outlook, with some cautioning that the optimism around the technology pack could be short-lived
 "Nifty IT set for best month since July 2024; but is it out of the woods?")
Wipro shares drop 4% after mixed Q2 results; should you sell or hold?
Wipro's share price fell after its net profit was up 1.15 per cent compared to the same quarter last year
 "Wipro shares drop 4% after mixed Q2 results; should you sell or hold?")
Stocks to watch, Oct 17: RIL, Infosys, Jio Fin, Wipro, Havells, Canara HSBC
Around 7:20 AM, GIFT Nifty futures were down 41.6 points at 25,614.5, indicating a negative start.
 "Stocks to watch, Oct 17: RIL, Infosys, Jio Fin, Wipro, Havells, Canara HSBC")
Wipro Q2 net profit up 1%, revenue rises 1.7% on large deal wins
Wipro's Q2FY26 profit rose 1.15% to Rs 3,246 crore and revenue grew 1.7% to Rs 22,697 crore, supported by strong deal wins worth $2.9 billion and steady performance in BFSI
 "Wipro Q2 net profit up 1%, revenue rises 1.7% on large deal wins")
Stocks to watch today, Oct 16: Infosys, Wipro, Axis Bank, Jio Fin, Nestle
Stocks to watch today: Angle One, KEI Industries, Jyoti Structures and KEC International are among other top stocks to track today:
 "Stocks to watch today, Oct 16: Infosys, Wipro, Axis Bank, Jio Fin, Nestle")
Wipro Q2 preview: IT major to post muted profit growth on margin pressures
Analysts forecast a sequential decline in Wipro's Ebit margin despite rupee depreciation, mainly due to upfront costs linked to large deals, analysts said
TCS, Infy, HCL Tech gain 2%; IT index up 5% in 1 week ahead of Q2 results
However, thus far in the calendar year 2025, the IT index has underperformed the market by falling 20 per cent, as against 4.7 per cent rise in the BSE Sensex
 "TCS, Infy, HCL Tech gain 2%; IT index up 5% in 1 week ahead of Q2 results")
Q2 results preview: Global headwinds likely to show in IT firms' earnings
While the first few months of the financial year saw no notable deterioration, as called out by the companies in July
 "Q2 results preview: Global headwinds likely to show in IT firms' earnings")
Explained: Accenture Q4 beats estimates, but Indian IT outlook stays tepid
Accenture Q4FY25 results near top of guidance, but analysts remain cautious on Indian IT stocks amid macro uncertainty, weak discretionary spending, and H-1B risks
 "Explained: Accenture Q4 beats estimates, but Indian IT outlook stays tepid")
Public transport not allowed on Wipro campus: Chairman Azim Premji
Azim Premji has declined Karnataka govt's request to allow vehicles through Wipro's Sarjapur campus, citing legal, governance and SEZ compliance issues in traffic plans
 "Public transport not allowed on Wipro campus: Chairman Azim Premji")
India's software exports race ahead, but listed IT firms fall behind
India's software exports rose 12.7% in FY25, yet listed IT groups saw only 3.8% growth, with market share slipping as unlisted firms and GCCs expand faster
 "India's software exports race ahead, but listed IT firms fall behind")
New H1-B visa fees rule drags Nifty IT 4%; Tech M, LTIMindtree sink upto 6%
The BSE IT index also fell 3.5 per cent in the intraday trade. Thus far in calendar year 2025, the BSE IT index has underperformed the market by sliding 19 per cent
IT firms brace for H-1B shock; Here's how brokerages assess the impact
On the bourses, the Nifty IT index is the worst-performing sector so far this year. The index is down 16 per cent in 2025
 "IT firms brace for H-1B shock; Here's how brokerages assess the impact")
TCS, Infosys: Time to sell IT stocks on Trump's H-1B visa salvo? Tech view
IT stocks such as Infosys, TCS and 3 others could see limited downside from current levels, as they are trading above key support levels, backed by positive cues from momentum oscillators, show charts
IT stocks brace for H-1B visa impact; but there's a silver lining: Analysts
Another silver lining for the companies and the markets, analysts said, is the falling dependence on the H-1B visa in the last few years.
 "IT stocks brace for H-1B visa impact; but there's a silver lining: Analysts")
Nifty IT index up 1.7% on Fed cuts; sell the rally or buy the dips?
US Federal Reserve cut interest rates by 25 basis points and pencilled in two more reductions this year
 "Nifty IT index up 1.7% on Fed cuts; sell the rally or buy the dips?")
Wipro partners CrowdStrike to launch AI-based CyberShield to boost security
The service is aimed at strengthening and simplifying cybersecurity for client companies
 "Wipro partners CrowdStrike to launch AI-based CyberShield to boost security")
After Infosys, TCS, Wipro may follow with buyback amid stock rout: Analysts
Infosys will repurchase 100 million shares at an average price of ₹1,800 per share, a 19.3 per cent premium to its closing share price of ₹1,509.50 on Thursday
 "After Infosys, TCS, Wipro may follow with buyback amid stock rout: Analysts")
Breakout stocks: SBI, Tata Chem, 3 others can rally up to 24%, hint charts
SBI, SBI Card, Canara Bank, Tata Chemicals and Wipro have witnessed a short-term breakout as per the price-to-moving averages action, shows the daily chart.
 "Breakout stocks: SBI, Tata Chem, 3 others can rally up to 24%, hint charts")
Nifty IT index rallies 6% in 2 days; Infosys soars 7% on buyback plan
The Nifty IT Index has underperformed the broader markets in the last 3 months and 6 months, owing to macro uncertainties
 "Nifty IT index rallies 6% in 2 days; Infosys soars 7% on buyback plan")