India’s fourth-largest software exporter, Wipro, posted subdued Q2 results due to clients trimming budgets for discretionary projects. Revenue fell 1.6% to $2.7bn, and the company’s Q3 revenue projections suggest the top line may fall a further 2% to $2.7bn or increase by up to 1% to $2.8bn.
Tech view: Nifty closes below 25,900, forms long bear candle. How to trade tomorrow
A technical analyst, Nagaraj Shetti, believes that the Nifty index is likely to decline further in the near future. He points to the formation of