Wipro’s Board plans to consider issuing bonus shares to investors during its October 16-17 meeting while revealing September 2024 quarter results. This move aims to boost stock liquidity and affordability. The bonus shares will be fully paid and retain the same rights as existing shares.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and