Wipro says previously announced large deals are ramping up while clients reinvest cost savings into AI.
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Wipro says previously announced large deals are ramping up while clients reinvest cost savings into AI.
CEO Srini Pallia elucidated on the margin bruise during the post-earnings conference call and said that part of the reason why they were impacted was investments in artificial intelligence.
Check out top stocks under brokerages' radar heading into trade today.
Market analysts recommend buying India Cements, Indian Hume Pipe, Zydus Wellness, BHEL, and RR Kabel based on favourable technical setups and potential upside targets.
The majority of US debuts over the past two months are trading below their offer price, data compiled by Bloomberg show.
TCS, Wipro, HCLTech and Tech Mahindra say AI is making engineers more productive. Yet their latest earnings calls point to a more complex shift in hiring than many expected.
Japanese shares tracked Wall Street lower as investors questioned lofty AI valuations, while rising oil prices added to market caution.
Iran said it launched Arash kamikaze drones at Bahrain's Al-Sakhir Air Base, claiming to target US military assets during the latest phase of its "Saegheh" operation, further escalating tensions with Washington.
Reliance Industries is expected to report revenue at Rs 3,01,024 crore and profit at Rs 20,451.6 crore. Ebitda is expected to be at Rs 46,367 crore with margin at 15.40%.
Here's a look at stocks that are likely to be in focus during the trading session on Friday.