July 17 (Reuters) – Shares of India’s Wipro (WIPR.NS), fell 2% on Friday after the IT services firm’s quarterly earnings miss and weak outlook disappointed investors, reinforcing concerns that sluggish client spending, delayed deal ramp-ups and AI-led disruption could weigh on growth for longer.
The stock was down at 174.17 rupees, making it the biggest loser on both the Nifty IT index (.NIFTYIT), and the benchmark Nifty 50 (.NSEI).
Reporting by Kashish Tandon in Bengaluru; Editing by Sherry Jacob-Phillips.
