Wipro Ltd Sees Robust Trading Activity Amid Sector-Aligned Gains and Institutional Interest

High-Value Trading and Market Position

On 17 Feb 2026, Wipro Ltd. (symbol: WIPRO) emerged as one of the most actively traded equities by value on the Indian stock exchanges. The total traded volume reached 1,06,35,171 shares, translating into a substantial traded value of ₹22,881.57 lakhs. This level of liquidity underscores the stock’s appeal to both retail and institutional investors, facilitating sizeable trade executions without significant market impact.

Wipro’s market capitalisation stands at a commanding ₹2,25,950 crores, categorising it firmly as a large-cap entity within the Computers - Software & Consulting industry. The company’s market cap grade is rated at 1, indicating its dominant position and robust market presence.

Price Movement and Technical Context

The stock opened at ₹213.26 and recorded an intraday high of ₹217.69, marking a 2.08% rise from the opening price. The last traded price (LTP) at 10:40 AM was ₹216.07, reflecting a 1.05% gain on the day. Notably, Wipro is trading approximately 3.48% above its 52-week low of ₹209.01, signalling a potential floor in recent price declines.

However, the stock remains below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating that the short- to long-term technical trend remains subdued. This positioning suggests that while the stock has shown signs of recovery after four consecutive days of decline, it has yet to break out of its broader downtrend.

Sector and Benchmark Comparison

Wipro’s 1-day return of 1.39% closely mirrors the sector’s gain of 1.45%, indicating that the stock’s performance is largely in line with its Computers - Software & Consulting peers. In contrast, the Sensex marginally declined by 0.06%, highlighting Wipro’s relative resilience amid broader market weakness.

This sector-aligned performance is significant given the ongoing volatility in global technology markets and the cautious stance adopted by investors towards IT services companies.

Institutional Interest and Delivery Volumes

Investor participation has notably increased, with delivery volumes on 16 Feb rising to 1.05 crore shares, a 19.31% increase compared to the 5-day average delivery volume. This surge in delivery volume suggests that investors are holding onto their shares rather than engaging in intraday trading, signalling confidence in the stock’s medium-term prospects.

Such heightened delivery volumes often reflect institutional buying or accumulation, which can provide a foundation for price stability and potential upward momentum.

Dividend Yield and Liquidity Profile

Wipro offers a compelling dividend yield of 5.16% at the current price level, which is attractive for income-focused investors seeking steady returns amid market uncertainties. This dividend yield compares favourably within the sector, where dividend payouts can vary significantly.

Liquidity remains robust, with the stock’s average traded value supporting trade sizes up to ₹9.69 crores based on 2% of the 5-day average traded value. This liquidity ensures that large institutional trades can be executed efficiently without excessive price disruption.

Mojo Score and Rating Revision

Wipro’s current Mojo Score stands at 52.0, reflecting a moderate outlook on the stock’s fundamentals and technical parameters. The Mojo Grade was downgraded from Buy to Hold on 19 Jan 2026, signalling a more cautious stance by analysts. This downgrade reflects concerns over the stock’s inability to sustain upward momentum and its trading below key moving averages.

Despite the Hold rating, the company’s large market cap and sector leadership continue to make it a core holding for many institutional portfolios, especially given its attractive dividend yield and improving delivery volumes.

Outlook and Investor Considerations

Investors should weigh Wipro’s current valuation and technical positioning against its sector peers and broader market conditions. The stock’s recent recovery after a multi-day decline and increased delivery volumes suggest a potential base formation. However, the persistent trading below moving averages warrants caution, as a sustained breakout above these levels would be necessary to confirm a bullish reversal.

Given the sector’s positive momentum and Wipro’s relative resilience, investors with a medium- to long-term horizon may consider accumulating on dips, particularly given the stock’s attractive dividend yield of over 5%. Conversely, those seeking capital appreciation might explore higher-rated alternatives within the Computers - Software & Consulting space.

Institutional Flow and Market Sentiment

Large order flows and institutional interest remain key drivers for Wipro’s trading dynamics. The increased delivery volume and value turnover indicate that institutional investors are actively participating, potentially positioning for a recovery in the IT services sector. This is consistent with broader market trends where technology stocks are regaining favour amid easing macroeconomic concerns and improving corporate earnings outlooks.

Market participants should monitor upcoming quarterly results and sectoral developments closely, as these will likely influence Wipro’s near-term trajectory and investor sentiment.

Summary

Wipro Ltd. continues to command significant trading interest, supported by strong liquidity, institutional participation, and an attractive dividend yield. While the stock faces technical headwinds trading below key moving averages, its recent price recovery and rising delivery volumes suggest a cautious optimism among investors. The downgrade to a Hold rating reflects the need for confirmation of a sustained uptrend before a more bullish stance can be adopted.

Investors should balance Wipro’s stable fundamentals and sector leadership against technical signals and consider alternative opportunities within the sector for capital appreciation.

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