Best Day In 16 Years For Wipro Shares After Better-Than-Expected Earnings: 10 Points

The stock registered strong outperformance on a day the benchmark Sensex index gave up nearly all of its intraday gains to end marginally higher. Wipro remained the top percentage gainer in the Nifty basket of 50 shares throughout the day. Wipro shares led sharp gains in the IT pack, pushing the Nifty IT index - comprising technology stocks of rivals Tata Consultancy Services and Infosys - 5.24 per cent higher. That marked the big...