The domestic equity barometers extended gains in morning trade. The Nifty traded near the 25,100 level. Bank shares advanced after declining in the previous trading session. At 10:30 ST, the barometer index, the S&P BSE Sensex, advanced 431.71 points or 0.54% to 81,831.17. The Nifty 50 index added 133.20 points or 0.54% to 25,098.45. In the broader market, the S&P BSE Mid-Cap index fell.18% and the S&P BSE Small-Cap index shed 0.10%. The market breadth was positive. On the BSE, 1,877 shares rose and 1,515 shares fell. A total of 145 shares were unchanged. Economy: India's forex reserves dropped by $3.709 billion to $701.176 billion for the week ended October 4, the RBI said on Friday. In the previous reporting week, the reserves had jumped by $12.588 billion to an all-time high of $704.885 billion. The foreign currency assets, a major component of the reserves, decreased by $3.511 billion to $612.643 billion, the data released on Friday showed. Gold reserves decreased by $40 million to $65.756 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by $123 million to $18.425 billion. India's reserve position with the IMF was down by $35 million to $4.352 billion in the reporting week, the apex bank data showed. Buzzing Index: The Nifty Bank index added 0.96% to 51,664.10. The index fell 0.70% in the past trading session. Federal Bank (up 2.59%), HDFC Bank (up 1.64%), Kotak Mahindra Bank (up 1.23%), IDFC First Bank (up 0.95%) and IndusInd Bank (up 0.84%), State Bank of India (up 0.81%), Canara Bank (up 0.74%), Bank of Baroda (up 0.71%), ICICI Bank (up 0.56%) and Punjab National Bank (up 0.31%) edged higher. Stocks in Spotlight: Wipro added 1.97% after the company said that its board will meet on 16-17 October 2024 to consider bonus issue to equity shareholders. Metropolis Healthcare fell 1.28% after Rakesh Agarwal, chief financial officer and key managerial personnel of the company resigned from his position with effect from 10 November 2024 due to some personal priorities. PNC Infratech gained 3.42% after the company received an order worth Rs 2,039.61 crore from the City & Industrial Development Corporation of Maharashtra (CIDCO) for infra-development in Navi Mumbai's NAINA region. Powered by Capital Market - Live

The announcement was made after market hours on Sunday. Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. The IT major's consolidated net profit grew 5.95% to Rs 3,003.2 crore in Q1 FY25 as against Rs 2,834.6 crore recorded in Q4 FY24. revenue from operations declined 1.1% to Rs 21,963.8 crore in the June quarter as against Rs 22,208.3 crore reported in the preceding quarter same year.Powered by Capital Market - Live

Wipro has allotted 32,892 equity shares under ADS Restricted Stock Unit Plan 2004 and 38,858 equity shares under the Restricted Stock Unit Plan 2007 on 07 October 2024, pursuant to exercise of ESOPs.Powered by Capital Market - Live

Wipro will announce results for the second quarter ended 30 September 2024, on 17 October 2024, after stock market trading hours in India. Powered by Capital Market - Live

Wipro will hold a meeting of the Board of Directors of the Company on 17 October 2024.Powered by Capital Market - Live

Wipro has allotted 64,973 equity shares under ADS Restricted Stock Unit Plan 2004 and 25,033 equity shares under the Restricted Stock Unit Plan 2007 on September 19, 2024, pursuant to exercise of ESOPs. Powered by Capital Market - Live

Wipro is helping JFK International Air Terminal (JFKIAT) - the operator of JFK's Terminal 4 - in developing a cloud data strategy, leveraging Microsoft's Azure Data Platform. The AI-enabled data analytics solution will establish a single view of terminal data across all functions, enabling JFKIAT's management to continually review and improve operations to achieve their long-term operational and efficiency goals. The three-year project, which kicked off in 2023, will centralize operational data mapping to improve passenger queuing times, implement intelligent rostering for JFKIAT's operational functions, consolidate safety and security data, and track sustainability metrics. In the first year of the project, Wipro successfully established a centralized data foundation and transformed business intelligence capabilities across operations, finance, and safety & security departments. In the next phase of the program, use cases will be implemented related to non-aviation revenue, customer experience, and connected planningPowered by Capital Market - Live

Wipro has been enlisted by JFK International Air Terminal (JFKIAT) the operator of JFK's Terminal 4 - to help meet its net zero targets. Wipro Consulting's sustainability practice was selected by JFKIAT to assess the Terminal's greenhouse gas emissions, develop a carbon reduction roadmap, and create its 2023 sustainability report aligned with JFKIAT's sustainability targets. JFKIAT's target is to reduce their Scope 1 and 2 emissions by 50% prior to 2030 and by 100% prior to 2050. 'Our partnership with JFKIAT spearheaded our focus in sustainable airports, with the creation of Wipro's airport decarbonization strategies and ACA digitized report accelerator, Susan Kenniston, Vice President & Global Head Sustainability Domain & Consulting, Wipro. 'As airports' focus on sustainability increases, our learnings and accelerators will be instrumental in helping clients build hyper-connected, intelligent airports that will help them better manage their impact as passenger volumes continue to increase.'Powered by Capital Market - Live

Wipro has appointed Srikumar Rao as Global Head of its Engineering Edge Business Line, effective from 05 October 2024. Srikumar succeeds Harmeet Chauhan, who is stepping down to pursue opportunities outside the organization. Srikumar will report to Srini Pallia. Srikumar has been with Wipro for 26 years and has grown with the organization, serving in various leadership roles. He was most recently the Chief Operating Officer (COO) of Wipro Engineering Edge (WEE) and Global Practice Head of Embedded Systems. Powered by Capital Market - Live

Wipro has allotted 1,01,664 equity shares under ADS Restricted Stock Unit Plan 2004 and 78,855 equity shares under the Restricted Stock Unit Plan 2007 on 28 August 2024, pursuant to exercise of ESOPs.Powered by Capital Market - Live