Mumbai, May 22, 2025 — The Nifty 50 index witnessed a notable decline during Thursday's trading session, falling by 191.80 points or 0.77% to close at 24,621.65. The dip reflects cautious sentiment among investors as markets grappled with mixed global cues and profit booking across key sectors.
Shares of Wipro Limited (NSE: WIPRO) opened weaker on Thursday, sliding 1.03% in early trading hours as broader market indices also came under pressure. As of 09:20 IST, the stock was quoted at ₹248.33, down ₹2.59 from the previous close of ₹250.92.
The IT major opened at ₹249.00 and touched an intraday high of ₹249.89 before slipping to a low of ₹248.10. The volume-weighted average price (VWAP) stood at ₹248.82, reflecting cautious investor sentiment amid a soft start for Indian equities.
Wipro’s decline mirrors the Nifty 50’s broader weakness, which fell nearly 0.8% during the same period. Analysts attribute the subdued performance to ongoing global uncertainty and sector-specific consolidation, particularly in IT and tech stocks.