Wipro Limited share price surged 3% following a significant deal with Olam Group. This multi-year strategic transformation contract is valued at over one billion dollars. Wipro will also acquire Olam’s IT division, Mindsprint. The partnership aims to enhance Olam’s operations across its entire value chain. This engagement marks a major expansion for Wipro in the food and agri-business sector.Read More
Trent share price surged 4% following a strong Q4 business update, driven by a 20% year-on-year revenue growth to Rs 4,937 crore and robust store expansion. The company added 22 Westside and 109 Zudio stores, bringing its total retail footprint to 1,286. Despite recent stock weakness, Trent has delivered significant long-term returns.Read More
Axis Bank’s Q4 business update revealed robust growth, with gross advances surging over 18% year-on-year and total deposits climbing nearly 14%. This performance surpassed brokerage expectations, showcasing strong momentum for the private lender. The bank’s CASA and term deposits also saw significant year-on-year increases, indicating healthy customer engagement and financial expansion.Read More
Indian markets are showing signs of recovery. Valuations have become attractive, offering a potential cushion for equities. External shocks impacted flows, but domestic fundamentals remain strong. A swift de-escalation in geopolitical tensions could trigger a sharp rebound. Sectors like auto, power, IT services, banks, and real estate present opportunities for investors in the new financial year.Read More
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