Indian stock rally loses steam ahead of U.S.-China trade deal [Reuters]
Wipro Limited (WIT)
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Source: Reuters
Indian stock rally loses steam ahead of U.S.-China trade deal BENGALURU (Reuters) - Indian shares snapped a four-day gaining streak on Wednesday after a top U.S. official said tariffs on Chinese goods would remain in place for now, making investors skittish ahead of the signing of an initial trade deal between the two countries. The NSE Nifty 50 Index .NSEI ended 0.15% lower at 12,343.3, after falling to 12,278.75 earlier in the day, while the S&P BSE Sensex index .BSESN settled 0.19% lower to 41,872.73 after hitting a session low at 41,648.110. U.S. Treasury Secretary Steven Mnuchin said late on Tuesday that Washington would keep tariffs on Chinese goods until the completion of a Phase 2 trade agreement between the top two economies. IndusInd Bank Ltd ( INBK.NS ) shed the most on the Nifty and Sensex, falling 5.5% to its lowest close since Nov. 19, a day after the private-sector lender reported a spike in bad loan additions for the third quarter. Wipro Ltd ( WIPR.NS ) slid 3.5%,
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News
- Wipro Limited (NYSE:WIT) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Wipro Announces Results for the Quarter and Year ended March 31, 2024 [Yahoo! Finance]Yahoo! Finance
- Wipro Announces Results for the Quarter and Year ended March 31, 2024Business Wire
- Wipro Limited (NYSE: WIT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Wipro Appoints Malay Joshi as Chief Executive Officer for Americas 1 Strategic Market Unit [Yahoo! Finance]Yahoo! Finance
WIT
Earnings
- 4/22/24 - Beat
WIT
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- 4/23/24 - Form 6-K
- 4/8/24 - Form 6-K
- 3/12/24 - Form 6-K
- WIT's page on the SEC website