Waaree Renewable, Wipro, Infosys, KFin Technologies, ICICI Bank among top buzzing stocks today; check full list

The Indian equity benchmarks were on track to close higher for a fourth session in a row on Thursday, April 17. The SENSEX rose as much as 1,010 points and NIFTY50 index touched an intraday high of 23,715 led by gains in ICICI Bank, HDFC Bank, Bharti Airtel, Reliance Industries and Axis Bank. As of 12:26 pm, the SENSEX was up 816 points at 77,860 and NIFTY50 index advanced 217 points to 23,654.

Its expenses rose to ₹356.25 crore in the quarter under review, compared to ₹203.27 crore in Q4 FY24.

The company's board appointed Sudhir Arya as an additional director (non-executive, independent director) of the company effective Wednesday, April 16, 2025.

For the June quarter, Wipro expects revenue from IT services to be in the range of $2,505 million to $2,557 million. This translates to sequential guidance of (-)3.5% to (-)1.5% in constant currency terms.

Market participants will closely watch out for the management commentary in challenging environment for the IT companies. The IT sector has been going through a turmoil since the start of this year owing to uncertain global macro-economic environment. The measure of IT shares on the National Stock Exchange, NIFTY IT index, has so far this year dropped 23% massively underperforming the NIFTY50 index which is down 1.33% year-to-date.

Last week, global investment bank Goldman Sachs came out with a report in which it said that it sees early signs of improvement in asset quality and operating profitability, which added to the bullish sentiment for banking shares, analysts said.

"In the near term the data points could remain soft, given sluggish credit growth (see recent report), impact on NIMs due to lead/lag between loans vs. deposits and elevated credit costs, driving modest EPS cuts of 2% on average for our coverage for FY26E. We believe the sector could be closer to the bottom of the cycle, with cuts to consensus EPS forecasts for FY26-FY27E to end in 1HFY26," Goldman Sachs said in a report.

The LAS offering from JFL is a secured lending product that allows customers to leverage their investments, such as shares and mutual funds, to avail loans at competitive interest rates, all within just ten minutes through a completely digital process, the company said in a statement.