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Business News India: Latest Business News Today, Share Market, Economy

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Wipro's Double Bottom Reversal, Top BFSI IT Stocks &...
Sakshi Batra · 2026-05-29 · via Business News India: Latest Business News Today, Share Market, Economy

If you've been holding Wipro or waiting for the right time to action, a major new development just changed the game. Business Today’s Sakshi Batra and guest analyst Gaurav Sharma Associate VP & Head of Research, Globe Capital take a deep dive into the IT sector to analyze Wipro following its recent positive news. After underperforming its peers for over two years, Wipro is showing early signs of a technical reversal with a double-bottom formation and rising volumes. Gaurav Sharma explains the exact strategy to approach this stock and highlights why he is targeting high-performing, BFSI-focused IT companies like OFSS, Coforge, and Mphasis for the long term instead. Learn why patience is key and why short-term trading should be avoided in the current setup.