Wipro shares surged 5% following strong third-quarter earnings, which saw a 24% YoY increase in net profit and a marginal rise in revenue. Investor sentiment was buoyed by robust deal momentum, including $3.5 billion in contracts. Technical indicators suggest a bullish trend, with Wipro benefiting from global tech rallies and sectoral optimism.
Sebi imposes Rs 3 lakh fine on Motilal Oswal Financial Services for violations of stock brokers’ norms
Markets regulator Sebi on Monday imposed a penalty of Rs 3 lakh on Motilal Oswal Financial Services Ltd for violating stock brokers’ norms.