The Sensex was up 31 points at 34,532 while Nifty edged higher to 10,580. Shares of IT services major Wipro fell nearly 4 per cent today. On Wednesday, the Sense and Nifty had closed lower, snapping a two-day winning run. The rupee was trading higher at 66.84 per dollar today. On Wednesday, the rupee today nosedived 52 paise to hit a 14-month low of 66.90 against the US dollar, the third biggest single-day fall for the domestic currency this year. Wipro, India’s third-biggest software services exporter, forecast weak growth in revenue during the current quarter after two clients went bankrupt.
Sensex Edges Higher, Wipro Slumps 4% After Forecast Disappoints
