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.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to