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Wipro shares crack 5%, down 8% in two sessions. What’s behind the selloff?
Wipro shares fell sharply on Monday, extending a two-day decline of more than 8% after the stock turned ex-record date for its Rs 15,000 crore buyback. Weak global tech sentiment, rising US bond yields, and cautious commentary from Morgan Stanley further weighed on investor sentiment toward the IT major.
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m.economictimes.com
Wipro plunges 8% after shares turn ex-record date for Rs 15,000 crore buyback
Wipro shares fell sharply on Friday after turning ex-record date for its Rs 15,000 crore buyback, despite broader market gains in the early trading hours. The share buyback marks…
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economictimes.indiatimes.com
Wipro shares crash 8% despite overall market optimism. Here’s why
Wipro shares fell sharply on Friday after turning ex-record date for its Rs 15,000 crore buyback, despite broader market gains. The share buyback marks the first such action…
