Nifty formed a small negative candle with a minor lower shadow. The short-term trend of Nifty continues to be a range bound with positive bias. Nifty has been consolidating in the broad range of 23,200-23,500. A decisive close beyond the boundaries can lead to a trending move.
Wipro management on Q3 revenues, wage hike impact and Q4 order pipeline
Wipro’s CFO Aparna Iyer announced that the wage hike implemented in September has been fully absorbed, contributing to a Q3 operating margin of 17.5%. The