Wipro plunges 8% after shares turn ex-record date for Rs 15,000 crore buyback

Wipro shares fell sharply on Friday after turning ex-record date for its Rs 15,000 crore buyback, despite broader market gains in the early trading hours. The share buyback marks the first such action announced by the IT major in nearly three years. The Investor sentiment was also impacted by allegations of workplace harassment and discrimination made by a former employee.

Wipro plunges 8% after shares turn ex-record date for Rs 15,000 crore buyback
Wipro shares fell sharply on Friday after turning ex-record date for its Rs 15,000 crore buyback, despite broader market gains in the early trading hours. The share buyback marks the first such action announced by the IT major in nearly three years. The Investor sentiment was also impacted by allegations of workplace harassment and discrimination made by a former employee.

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