Wipro Ltd Sees Elevated Trading Volumes Amid Mixed Technical Signals

Trading Activity and Volume Analysis

On 17 Feb 2026, Wipro Ltd. (symbol: WIPRO) emerged as one of the most actively traded equities by volume on the Indian stock exchanges. The total traded volume reached 56,95,699 shares, translating to a substantial traded value of approximately ₹12,192.78 lakhs. This heightened activity marks a notable increase compared to recent averages, signalling renewed investor interest.

The stock opened at ₹213.26, matching the previous close, and touched a day high of ₹216.19 before settling at ₹215.65 as of the last update at 09:44:46 IST. The day’s low was ₹212.26, indicating a relatively narrow intraday trading range amid the volume spike.

Price Performance and Technical Context

Despite the volume surge, Wipro’s price performance on the day slightly underperformed its sector benchmark, which gained 1.62%, while the stock itself rose by 1.05%. The broader Sensex index declined by 0.22%, suggesting that Wipro’s relative outperformance was modest but positive in a mixed market environment.

Technically, the stock remains below all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — indicating a prevailing bearish trend. However, the stock has shown signs of a trend reversal, gaining after four consecutive days of decline. This could be an early indication of accumulation by investors seeking value near the 52-week low, which currently stands at ₹209.01, just 2.69% below the current price.

Investor Participation and Delivery Volumes

Investor participation has notably increased, with delivery volume on 16 Feb 2026 reaching 1.05 crore shares, a 19.31% rise compared to the five-day average delivery volume. This suggests that investors are not merely trading intraday but are holding shares, signalling confidence in the stock’s medium-term prospects.

Liquidity remains robust, with the stock’s average traded value supporting trade sizes up to ₹9.69 crores comfortably, based on 2% of the five-day average traded value. This liquidity profile favours institutional and retail investors alike, enabling efficient entry and exit without significant price impact.

Fundamental and Market Cap Insights

Wipro Ltd. is classified as a large-cap company with a market capitalisation of ₹2,23,695 crores, underscoring its significant presence in the Indian IT sector. The company operates within the Computers - Software & Consulting industry, a sector that continues to attract investor attention due to digital transformation trends globally.

Despite the recent downgrade in its Mojo Grade from Buy to Hold on 19 Jan 2026, the stock maintains a Mojo Score of 52.0, reflecting a neutral stance based on a comprehensive evaluation of financial metrics, price momentum, and quality grades. The Market Cap Grade stands at 1, indicating a top-tier market capitalisation ranking.

Dividend Yield and Income Appeal

One of the attractive features for investors is Wipro’s high dividend yield of 5.16% at the current price level. This yield is particularly appealing in a low-interest-rate environment, providing steady income alongside potential capital appreciation. The dividend yield may also act as a cushion against price volatility, attracting income-focused investors.

Accumulation and Distribution Signals

The recent increase in delivery volumes combined with the price stabilisation near the 52-week low suggests a phase of accumulation by institutional investors. This is further supported by the stock’s ability to gain after a prolonged decline, signalling potential bottoming out. However, the fact that Wipro trades below all major moving averages indicates that the broader trend remains cautious, and investors should watch for confirmation of sustained buying interest.

Market participants should also note that the stock underperformed its sector by 0.54% on the day, which may reflect selective profit-taking or sector rotation dynamics. The interplay of these factors creates a nuanced picture where volume surges coexist with technical resistance.

Outlook and Investor Considerations

Looking ahead, Wipro’s stock performance will likely hinge on its ability to break above key moving averages and sustain higher delivery volumes. Investors should monitor quarterly earnings updates, sectoral trends, and global IT spending patterns, which remain critical drivers for the company’s growth trajectory.

Given the current Hold rating and the mixed technical signals, cautious investors may prefer to wait for clearer confirmation of trend reversal before increasing exposure. Conversely, value-oriented investors might view the proximity to the 52-week low and attractive dividend yield as an opportunity to accumulate selectively.

In summary, Wipro Ltd.’s recent trading activity highlights a complex market environment where volume surges and accumulation signals coexist with technical resistance and sector underperformance. This nuanced scenario demands careful analysis and a balanced approach to investment decisions.

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