Wipro shares plummeted over 8% on Monday following a disappointing fourth-quarter growth outlook provided by the IT services firm. The company reported revenue of ₹23,556 crore for the quarter ended December 31, with modest sequential and year-on-year increases. Analysts expressed concern over the management’s guidance, leading to a significant drop in the stock price.
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The Dow and S&P 500 declined sharply as oil prices rallied near the $100 mark, causing apprehension among investors. However, the Nasdaq soared to a