Wipro Slips 0.68% to 196.60 Rupees as Sensex Drops 1.70%
Updated
Updated · MarketWatch · May 11
Wipro Slips 0.68% to 196.60 Rupees as Sensex Drops 1.70%
3 articles · Updated · MarketWatch · May 11
Summary
Wipro shares fell 0.68% to 196.60 rupees on Monday, lagging major Indian IT peers in a broad market selloff.
The BSE Sensex dropped 1.70% to 76,015.28, setting the backdrop for the stock’s weaker session.
Among competitors, MphasiS lost 0.59%, HCL Technologies fell 0.29% and Tata Consultancy Services edged down 0.06%, leaving Wipro the biggest decliner of the group.
Wipro still closed 28.02% below its 52-week high of 273.15 rupees reached on Dec. 22, even as trading volume of 896,512 topped its 50-day average of 864,779.