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Benchmark equity indices Sensex and Nifty declined in early trade on Thursday (April 17, 2025) dragged down by IT stocks after Wipro warned of a weak quarter ahead amid global uncertainties.<\/p>\n

The 30-share BSE benchmark Sensex declined 362 points to 76,682.29 in early trade. The NSE Nifty went down by 129.75 points to 23,307.45.<\/p>\n

From the Sensex firms, HCL Tech, Tata Steel, Tech Mahindra, Tata Consultancy Services, Larsen & Toubro and Titan were among the biggest laggards.<\/p>\n

ICICI Bank, HDFC Bank, Bharti Airtel and State Bank of India were the gainers.<\/p>\n

Wipro on Wednesday reported a 25.9 per cent year-on-year rise in consolidated net profit for the March quarter to Rs 3,569.6 crore, but warned of a weak quarter ahead with up to 3.5 per cent expected drop in IT services revenue for Q1FY26, amid global uncertainties.<\/p>\n

The stock of Wipro traded over 5 per cent lower.<\/p>\n

In Asian markets, South Korea’s Kospi index, Tokyo’s Nikkei 225, Shanghai SSE Composite index and Hong Kong’s Hang Seng were quoting higher.<\/p>\n

US markets ended significantly lower on Wednesday.<\/p>\n

Foreign Institutional Investors (FIIs) bought equities worth \u20b93,936.42 crore on Wednesday, according to exchange data.<\/p>\n

Global oil benchmark Brent crude climbed 0.87 per cent USD 66.42 a barrel.<\/p>\n

Defying a weak global market trend on Wednesday, the BSE Sensex climbed 309.40 points or 0.40 per cent to settle at a two-week high of 77,044.29 in a volatile session. The Nifty rallied 108.65 points or 0.47 per cent to 23,437.20. <\/p>\n