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As per the new budget, the government has proposed increasing threshold of safe harbour margins for Indian information technology services sector from Rs 300 crores to Rs 2000 crores.
The Prime Minister emphasised the need to embrace new technology in all spheres and use it to contribute to national growth
Stocks to Watch, 29 Jan: Stocks like Larsen & Toubro, Lodha Developers, NSDL, LT Foods, eClerx Services, SBI Cards and Payment Services, GPT Infraprojects, Star Health and Allied Insurance Company, GE Vernova T&D India, Balkrishna Industries, Ask Automotive, Sagility, Phoenix Mills, and Symphony will be in focus on January 29.
Premji said AI will create wider opportunities for technology services firms, from advisory work to implementation and delivery at scale.
Talking about job and revenue deflation concerns stemming from AI, Premji tells Moneycontrol that the transition does not necessarily mean less revenue or fewer people, 'it just means a redistribution of what you’re doing'
ICICI Securities recommended hold rating on Wipro with a target price of Rs 256 in its research report dated January 17, 2026.
Motilal Oswal recommended Neutral rating on Wipro with a target price of Rs 275 in its research report dated January 17, 2026.
Prabhudas Lilladher recommended hold rating on Wipro with a target price of Rs 260 in its research report dated January 17, 2026.
Deven Choksey recommended accumulate rating on Wipro with a target price of Rs 272 in its research report dated January 19, 2026.
Wipro share price falls 7 percent today after Q3 FY26 results, reflecting investor concerns over weak guidance despite relatively steady operational performance in fiscal third quarter.
Deal win was slightly soft and the commentary alluded to challenges in discretionary demand
Stocks to Watch, 19 January: Stocks like Reliance Industries, HDFC Bank, ICICI Bank, Wipro, Tech Mahindra, IDBI Bank, Yes Bank, RBL Bank, UCO Bank, Indosolar, JB Chemicals and Pharmaceuticals, Bajaj Healthcare, and Bharat Coking Coal will be in focus on January 19.
When compared to 9MFY25, the top five IT services majors’ hiring plunged more than 105 per cent in 9MFY26.
Wipro CHRO Saurabh Govil said the company has already hired over 5,000 freshers so far this fiscal
The Bengaluru-based IT firm forecast revenue in the fourth quarter to grow in the range of flat to 2% on a sequential basis
The impact was visible in net income and earnings per share, though Wipro excluded the charge from its IT services operating margins
CFO Aparna C. Iyer said Wipro's labour code expenses have been the least in the industry as the company was already in the process of weighing in the impact beforehand.
Wipro Q3 results: Attrition this quarter moderated marginally to 14.2% from 14.9% last quarter.
Attrition moderated marginally, while the headcount increased by 6,529 employees from 2,35,492 in the previous quarter
Wipro has updated its hybrid work rules from 2026. Employees must stay 6 hours in the office on required days. Missing office hours may reduce leave balance, as remote-only days are now limited.
Consolidation with range-bound trading may continue for a couple of more sessions before the market regains strength. Below are some short-term trading ideas to consider.
Consolidation and range-bound trading may continue until the market delivers a strong close above the falling resistance trendline. Below are some short-term trading ideas to consider.
Stocks to Watch, 15 December: Stocks like Wipro, Dr Reddy's Laboratories, SMS Pharmaceuticals, Aurobindo Pharma, ESAF Small Finance Bank, NLC India, Ashoka Buildcon, KEC International, Bharat Electronics, Astra Microwave Products, One 97 Communications Paytm, Refex Industries, and Brigade Enterprises will be in focus on December 15.
