Tag: Wipro

Weekly Capsule (Apr 12 – Apr 16)

News Announcement Impact Analysis ·        CPI inflation comes in higher at 5.52% for the month of March 2021 ·        Inflation was driven higher by food inflation touching 4.94% and a sharp spike in core inflation to 5.96% in Mar-21 ·        While inflation is still within the RBI 6% range, sustained thrust in inflation above that

Daily Market Update – APR 16

Previous Market Closed Sensex closed at 48,803.68 up by 259.62 pointsNifty closed at 14,581.45 up by 76.65 points Wipro reported 27.8% higher net profit of Rs.2,972 crore for the Mar-21 quarter, on the back of better operating margins during the quarter. However, the sequential profits were almost flat. Revenues were up just 3.4% at Rs.16,245