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Wipro Q4 Preview: Profit may fall on margin pressures. Is buyback the only thing to cheer?
Wed, 15 Apr 2026 13:12:34 +0530
Summary
Wipro is expected to see a drop in profit in the March quarter due to margin pressures caused by factors such as wage hikes and acquisition-related costs. The company's revenue is expected to show steady growth, with the BFSI sector showing resilience while healthcare remains weak. Investors will be looking at the possibility of a buyback as a potential positive development amidst these challenges.
Wipro is expected to report steady revenue growth but weaker profitability in the March quarter, impacted by wage hikes, acquisition-related costs and subdued discretionary spending. Sequential growth remains muted despi...
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Wipro buys select Alpha Net Group customer contracts for $70.8 million
Wed, 15 Apr 2026 13:27:33 +0530
Summary
Indian IT giant Wipro has acquired certain customer contracts from Alpha Net Group for $70.8 million. This strategic move will provide Wipro with access to important clients and their contracts, as well as the associated workforce. The acquisition is expected to strengthen Wipro's position in the market and enhance its service offerings.
The acquisition will enable Wipro’s access to key clientele, Alpha Net Group’s customer contracts, and the related workforce
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Why these 5 railway related stocks will remain in focus
Wed, 15 Apr 2026 06:49:07 +0530
Summary
Railway stocks such as Railtel, RVNL, JSW Infra, Monarch Surveyors, and Texmaco Rail are expected to remain in focus due to key triggers such as government initiatives for rail infrastructure development, increasing railway projects, growth potential in the sector, and upcoming opportunities for these companies. Investors should keep a close eye on these stocks for potential growth and opportunities in the railway sector.
Key triggers for Railtel, RVNL, JSW Infra, Monarch Surveyors, Texmaco Rail
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Why is stock market rising today? Sensex soars 1,400 points, Nifty above 24,250. 5 key factors explained
Wed, 15 Apr 2026 09:35:29 +0530
Indian stock markets surged on Wednesday. The Sensex and Nifty saw substantial gains. Easing oil prices and renewed hopes for US-Iran peace talks boosted investor sentiment. Global markets also rallied. This positive mom...
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Why is stock market rising today? Sensex soars 1,200 points, Nifty above 24,200. 5 key factors explained
Wed, 15 Apr 2026 09:35:29 +0530
Summary
The Indian stock market saw a significant rise today with the Sensex and Nifty both gaining over 1,200 points and crossing 24,200 respectively. This surge was driven by easing oil prices, renewed hopes for US-Iran peace talks, and positive momentum in global markets. Investors are encouraged to stay invested despite potential challenges in the future.
Indian stock markets surged on Wednesday. The Sensex and Nifty saw substantial gains. Easing oil prices and renewed hopes for US-Iran peace talks boosted investor sentiment. Global markets also rallied. This positive mom...
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Wholesale inflation rises to a 3-year high of 3.88% in March
Wed, 15 Apr 2026 13:33:43 +0530
Summary
Wholesale inflation in India surged to a 3-year high of 3.88% in March, due to increased prices of crude oil, power, and manufactured goods amid the West Asia conflict. This rise in inflation may lead to higher costs for businesses and consumers, impacting the overall economy and potentially leading to tighter monetary policy measures by the Reserve Bank of India.
India’s wholesale inflation rose to a 38-month high of about 3.9% in March from 2.1% in February, driven by higher prices of crude oil, power and manufactured goods amid the West Asia conflict.
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Wholesale inflation climbs to 3.88% in March, highest in over 3 years
Wed, 15 Apr 2026 12:38:44 +0530
Surge driven by higher prices of oil, food and manufactured products
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Wall Street scales highs, oil drops on hopes for renewed US-Iran talks
Wed, 15 Apr 2026 07:24:04 +0530
Summary
On Tuesday, Wall Street reached new highs as hopes for renewed peace talks between the US and Iran emerged, leading to a drop in oil prices and the US dollar. The S&P 500 approached a record closing high, while Brent crude and WTI futures saw significant declines. Despite lingering inflation concerns, investors are optimistic about the potential for reduced tensions between the US and Iran.
Wall Street indexes advanced Tuesday as prospects for new U.S.-Iran peace talks emerged, pulling down oil prices and the U.S. dollar. The S&P 500 neared a record closing high, while Brent crude and WTI futures saw si...
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Vedanta shares in focus after 10 workers killed in Chhattisgarh plant incident. Company responds
Wed, 15 Apr 2026 08:34:09 +0530
Vedanta Limited shares: The company reporteda boiler accident at its Chhattisgarh power plant, which left 10 workers dead and 24 injured. The company has launched an investigation with authorities and is assessing furthe...
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UST, Evaaya jointly launch UST Nimbus to help empower GCCs with new capabilities
Wed, 15 Apr 2026 12:38:02 +0530
By aligning GCC’s unique identity and culture with the enterprise, UST Nimbus will seek to create hubs that enable high-performance teams; improve retention; and accelerate delivery outcomes