Wipro Sees High Trading Volume Amid Significant Stock Decline and Increased Investor Activity

Apr 17 2025 12:00 PM IST
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Wipro Ltd. has become one of the most actively traded stocks today, with over 27 million shares exchanged. The stock opened at Rs 235.00 but experienced a decline, closing at Rs 233.75. Despite this downturn, investor participation increased significantly, highlighting a challenging trading environment.
Wipro Ltd., a prominent player in the IT software industry, has emerged as one of the most active equities by volume today. The stock, trading under the symbol WIPRO, saw a total traded volume of 27,208,929 shares, with a total traded value of approximately Rs 63.64 crore.

Opening at Rs 235.00, Wipro experienced a significant decline, reaching a day's low of Rs 232.15, marking a drop of 6.26%. The stock's last traded price stood at Rs 233.75, reflecting a 5.25% decrease for the day, which is notably lower than the sector's average decline of 1.45%.

Wipro's performance today indicates a reversal of trend, as it has fallen after three consecutive days of gains. Additionally, the stock opened with a loss of 5.11%, and it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Despite the downturn, there has been a notable increase in investor participation, with delivery volume rising by 39.45% against the 5-day average. Wipro's market capitalization stands at Rs 2,45,732.53 crore, solidifying its position as a large-cap entity in the market. Overall, Wipro's performance today reflects a challenging trading environment amid broader market trends.
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