Wipro is trading at $1.68, down 4.00% on September 16, 2026, amid broad equity weakness after the Federal Reserve raised rates 25 basis points and signaled another possible hike.
- Firmer Treasury yields and fading rate-cut hopes are pressuring rate-sensitive technology stocks.
- No clear company-specific announcement explains the move; the latest prominent Wipro news concerned AI productivity, published September 10.
- The decline follows a 5.33% gain on September 14 and 1.69% drop on September 15.