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Wipro ADRs jump 4% despite Q4 PAT decline, softer guidance

Wipros revenue from operations in the reporting period declined 4% YoY to Rs 22,208 crore, compared with Rs 23,190 crore in the corresponding period of last year. ....

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nifty: 22,000 a psychological mark for Nifty, Q3 earnings hold a key: Aamar Deo

Nifty has had a spectacular rally so far, with the benchmark index trading at life-time highs. Most of the key technical indicators including the Advance-Decline Line, 87% stocks trading above their 200-day moving average, and lower India VIX – all point towards an overall positive investor confidence, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One said. ....

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Wipro ADRs jump 16% after Q3 results meet expectations

The spillover of positive sentiments around Indian IT stocks, after decent third-quarter results by peers Infosys and TCS, is likely reflected in the sharp surge of ADRs of Wipro. ....

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