Wipro rises Wednesday, outperforms the market

Wipro Ltd. 507685, +0.21% shares inched up 0.21% to 389.65 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index 1, -1.03% falling 1.03% to 61,067.24. Wipro Ltd. closed 337.05 rupees short of its 52-week high (726.70 rupees), which the company achieved on January 3. The stock underperformed when compared to some of its competitors Wednesday, as MphasiS Ltd. MPHASIS, +0.44% rose 0.44% to 1,959.35 rupees and Tata Consultancy Services Ltd. TCS, +0.76% rose 0.76% to 3,268.55 rupees. Trading volume (127,997) remained 447,865 below its 50-day average volume of 575,862. Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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