Nifty, Sensex fall as dour Wipro outlook hits IT firms [Reuters]
Wipro Limited (WIT)
Last wipro limited earnings: 4/16 04:00 pm
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Source: Reuters
Nifty, Sensex fall as dour Wipro outlook hits IT firms BENGALURU (Reuters) - Indian stocks fell on Thursday as IT shares took a beating after Wipro Ltd flagged a hit from the novel coronavirus pandemic, while dour data from the United States and grim economic outlook for Asia further weighed on investor sentiment. The NSE Nifty 50 index fell 0.93% to 8,839.45 by 0351 GMT, while the benchmark S&P BSE Sensex was down 1.07% at 30,045.32. Software services firm Wipro on Wednesday said it would not forecast revenue for the next quarter because of the uncertain market conditions caused by the pandemic, and warned of “huge pressure” on margins in the fiscal first quarter to end-June. Wipro shares fell as much as 3.5% on Thursday and rival Infosys Ltd slid 3.6%, while Tata Consultancy Services Ltd dropped 2.3% ahead of its earnings due later in the day. Asian stock markets were also under pressure after data showed U.S. retail sales fell the most on record last month, and manufacturing output
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WIT
Earnings
- 10/17/25 - Beat
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Sec Filings
- 10/21/25 - Form 6-K
- 10/21/25 - Form 6-K
- WIT's page on the SEC website