Last week, the Nifty fell below key averages, prompting a cautious short-term outlook due to global weakness and disappointing earnings. Analysts suggest 25,000 is a crucial support level, with a rebound needing to reclaim 25,400. FMCG, power, insurance, and railway stocks are exhibiting relative strength, offering potential opportunities amidst the market uncertainty.
Wipro shares crack 4% after Q4 results. What Goldman Sachs, 3 other brokerages are saying?
Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback.