Archive · 5 Sep 2025
Wipro Shares Decline, Close Below Rs 250 for Third Day
Wipro's stock price is down, closing below Rs 250 for three days.
Experts think this trend may continue.
The stock is trading below important averages, suggesting a weak trend.
Support is around Rs 240-245; breaking below this could lead to further drops.
A sustained rise above Rs 260-265 could bring in more buyers.
Wipro shares closed below Rs 250 for the third consecutive session.
The stock ended 0.47% lower at Rs 243.80 in the latest session.
Market cap of the IT firm is approximately Rs 2.55 lakh crore.
Shares are trading below various moving averages.
Analysts expect a sideways to negative trend in the near term.
- Who
- Wipro
- What
- Share prices are declining and trading below Rs 250.
- When
- Short term, over multiple trading sessions.
- Where
- Indian stock market.
- Why
- Analysts predict a sideways to negative outlook.
- Closing Price (Today)
- Rs 243.80
- Market Cap
- Rs 2.55 lakh crore
- Trading Below
- 5-day, 10-day, and other moving averages
