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Wipro Ltd gained for a third straight session today. The stock is quoting at Rs 179.68, up 2.41% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.04% on the day, quoting at 24216.7. The Sensex is at 77693.16, up 0.16%. Wipro Ltd has slipped around 0.94% in last one month.
Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has slipped around 4.12% in last one month and is currently quoting at 28010.35, up 4.34% on the day. The volume in the stock stood at 142.8 lakh shares today, compared to the daily average of 231.02 lakh shares in last one month.
The benchmark July futures contract for the stock is quoting at Rs 179.38, up 2.74% on the day. Wipro Ltd is down 29.33% in last one year as compared to a 3.45% drop in NIFTY and a 21.59% drop in the Nifty IT index.
The PE of the stock is 14.35 based on TTM earnings ending March 26.
Wipro Ltd is down for a fifth straight session today. The stock is quoting at Rs 174.35, down 0.08% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.93% on the day, quoting at 24046.8. The Sensex is at 77061.45, up 1.13%.Wipro Ltd has lost around 15.71% in last one month.Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has eased around 5.23% in last one month and is currently quoting at 27012.05, up 1.68% on the day. The volume in the stock stood at 409.01 lakh shares today, compared to the daily average of 350.77 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 175.07, up 0.59% on the day. Wipro Ltd tumbled 35.28% in last one year as compared to a 4.75% slide in NIFTY and a 29.66% fall in the Nifty IT index.
The PE of the stock is 15.11 based on TTM earnings ending March 26.
Wipro announced the expansion of its partnership with Palo Alto Networks, the global AI cybersecurity leader, to offer AI-driven Managed Detection and Response (MDR) services.
The partnership brings together Palo Alto Networks' Cortex XSIAM with CyberShield, Wipro's managed security services capabilities in a more focused offering for modern security operations. The new offering will deliver proactive cyber defense with simplified workflows using machine learning, AI, and automation to predict and protect against future attacks. It will enable faster detection and response across complex environments, while filtering signals from noise, improving analyst efficiency, and increasing focus on critical, high-impact threats.
This offering is supported by Wipro's WEGA and WINGS, AI delivery platforms that are a part of Wipro Intelligence™, suite of AI-powered platforms, solutions, and transformative offerings for workflow orchestration, service transition, and automation at scale across security operations.
The expanded relationship builds on an existing foundation with Palo Alto Networks across cloud, network and security transformation, and reflects growing demand from clients for more integrated, AI-led security operations.
This additional stake purchase in Aggne will further strengthen Wipro's competitive advantage in the insurance sector—particularly in driving AI, and IP led transformations for the Property & Casualty Insurance (P&C) sector.
With this, Wipro's overall shareholding in Aggne Global IT Services will increase to 80%.
Aggne Group is a fast-growing Insurtech company offering a wide range of AI, and Intellectual Property driven services designed to help insurers transform operations, drive new efficiencies, and deliver optimal customer experiences.
Consumer durables, IT and media shars advanced while metal, realty and auto shares declined.
At 09:25 IST, the barometer index, the S&P BSE Sensex advanced 58.36 points or 0.08% to 76,866.84. The Nifty 50 index jumped 19.05 points or 0.08% to 24,011.40.
In the broader market, the BSE 150 MidCap Index gained 0.09% and the BSE 250 SmallCap Index added 0.36%.
The market breadth was strong. On the BSE, 1,820 shares rose and 1,032 shares fell. A total of 163 shares were unchanged.
Foreign portfolio investors (FPIs) sold shares worth Rs 749.18 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 0.06 crore in the Indian equity market on 16 June 2026, provisional data showed.
Numbers to Track:
The yield on India's 10-year benchmark federal paper shed 0.12% to 6.858 compared with previous session close of 6.866.
In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 94.3900 compared with its close of 94.6000 during the previous trading session.
MCX Gold futures for 5 August 2026 settlement shed 0.20% to Rs 152,792.
The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.01% to 99.53.
The United States 10-year bond yield rose 0.16% to 4.428.
In the commodities market, Brent crude for August 2026 settlement fell 20 cents or 0.25% to $78.76 a barrel.
Stocks in Spotlight:
Wipro advanced 1.26% after the company announced the launch of its Applied AI Center of Excellence (CoE) for Claude models powered by Anthropic, reinforcing its commitment to accelerating enterprise AI adoption and impact. The CoE, a key initiative under the company's AI-Native Business & Platforms Unit, is aimed at scaling enterprise AI adoption and embedding AI capabilities into core business workflows across industries.
Nykaa added 2.33% after the company announced a partnership with OpenAI to enhance shopping experiences through artificial intelligence and enable users to access its product catalogue directly via ChatGPT. The collaboration aims to improve product discovery and customer engagement through AI-powered solutions.
Bharat Forge shed 0.08%. The company announced that its subsidiary, Kalyani Strategic Systems (KSSL), in collaboration with Paramount, showcased the Simha 4x4, a next-generation light armoured multi-purpose vehicle, at Eurosatory 2026.
Global Markets:
Asia markets traded mostly lower Wednesday as traders looked ahead to the US central bank’s interest rate decision.
Wednesday’s Federal Open Market Committee meeting marks the first one with new Chairman Kevin Warsh at the helm of the U.S. central bank. Investors are largely expecting that the Fed will keep interest rates unchanged at a target range of 3.5% to 3.75%.
Meanwhile, Japan’s exports in May grew at their fastest pace since November 2022, rising 17% year on year, driven by robust demand for cars and semiconductors. Growth was higher than the 16.2% figure that was widely reported in the media, and up from the 14.8% in April.
Overnight on Wall Street, the Dow Jones Industrial Average rose to a record high on Tuesday as investors rotated out of chipmakers and into cyclical stocks amid declining oil prices.
The 30-stock index advanced 328.64 points, or 0.64%, for a record close of 51,999.67. It scored a new all-time intraday high of 52,190.29 in the session. The S&P 500 fell 0.57% and ended at 7,511.35, while the Nasdaq Composite pulled back 1.15% to 26,376.34.