Wipro Stock Soars 2.34% Today!
Wipro’s stock is currently trading at ₹572.80, marking a 2.34% increase from its opening price of ₹556.55. Throughout the day, it has reached a high of ₹573.90 and a low of ₹556.35. Yesterday, the stock closed at ₹559.35, with a market capitalization of ₹292,364.04 crore. Wipro has surpassed the key resistance level of ₹568.93, indicating strong buying momentum, while trading volume has increased by 10.40% compared to the previous day. The stock showed bullish momentum by breaking key hourly resistance levels, but a retracement saw it dip to ₹564.3, with volume declining by 28.63% at noon.
Currently consolidating between ₹563.7 and ₹558.8, it remains within crucial support levels. At ₹559.1, analysts maintain a “Hold” rating, with price targets ranging from ₹385.0 to ₹607.0 and a median target of ₹465.0. Broader market indices, Nifty and Sensex, remained stable, while some stocks, including Zomato and Firstsource Solutions, saw declines. A higher price with strong volume suggests continued upward movement, whereas a decline with high volume could indicate potential downside risks.

Wipro Stock Soars 2.34% Today!
Wipro’s stock price is currently trading at ₹572.80, reflecting a 2.34% increase from its opening price of ₹556.55. Throughout the day, the stock has reached a high of ₹573.90 and a low of ₹556.35.
Market Performance and Live Updates
Yesterday, Wipro’s stock opened at ₹560.2 and closed at ₹559.35, with the highest and lowest prices recorded at ₹562.6 and ₹556.65, respectively. The company’s market capitalization stood at ₹292,364.04 crore. Over the past 52 weeks, Wipro’s stock has ranged from a low of ₹375 to a high of ₹567.3. On the Bombay Stock Exchange (BSE), 229,033 shares were traded yesterday.
At present, Wipro’s share price stands at ₹573.6, surpassing the key resistance level of ₹568.93, indicating strong buying momentum and the potential for further gains.
As of 1 PM, Wipro’s trading volume has increased by 10.40% compared to the previous day. The stock is now priced at ₹571.95, reflecting a 2.21% gain. A rise in price along with increased trading volume typically signals a sustained upward trend, whereas a price drop amid high volume may suggest potential declines.
Stock Movement Trends
Bullish Momentum and Resistance Break
During the past trading hour, Wipro’s stock fluctuated between ₹572.05 and ₹562.45, breaking key resistance levels and displaying strong bullish momentum. Traders should remain cautious of potential overbought conditions and adjust stop-loss levels accordingly.
Retracement and Volume Decline
Wipro’s stock has traded within the ₹555.3 to ₹569.05 range today. The latest update shows a price of ₹564.3, marking a 0.84% decline. Additionally, trading volume until noon is down 28.63% compared to the previous day. A price decrease with declining volume warrants close monitoring, as it may indicate future bearish movement.
Consolidation Phase and Lower Volume
As of the previous trading hour, Wipro’s stock moved between ₹563.7 and ₹558.8, surpassing resistance levels at ₹561.2 and ₹563.1. Currently, the stock is priced at ₹561.55, moving within daily support and resistance levels of ₹556.53 and ₹562.73. A break below ₹556.53 could trigger further declines, while surpassing ₹562.73 may lead to an upward trend.
By 11 AM, trading volume had dropped by 51.24% compared to the previous day, with the stock price slightly down by 0.1% at ₹560.15. Traders may consider range-bound strategies, buying near ₹556.93 (support) and selling near ₹561.73 (resistance).
Flat Performance and Analyst Sentiment
Wipro’s stock is currently at ₹559.1, staying within support and resistance levels. The stock saw a modest 0.11% rise to ₹560.2, while other stocks displayed mixed movements. Zomato, Firstsource Solutions, and Eclerx Services saw declines, whereas Info Edge India showed gains. The broader market indices, Nifty and Sensex, remained mostly unchanged.
Analysts maintain a “Hold” rating for Wipro, with a median price target of ₹465.0—16.84% lower than the current price. Target estimates range from ₹385.0 to ₹607.0 for the upcoming year.
As of 10 AM, trading volume was 68.97% lower compared to yesterday, with the stock priced at ₹561.4, reflecting a 0.32% drop. A price increase with strong volume indicates sustainable growth, while a decline with high volume may signal further downward movement.
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