NSE: WIPRO · 29 September 2026 · Dated market coverage
- The stock is -2.95% at ₹156.79.
- Likely reason:Index exit rebalancing and heavy sectoral selling
- Approximate traded value is₹2542.04 crore.
- It is -42.59% from its 52-week high and +0.00% from its 52-week low.
- The stock is being compared withNifty ITalongside the Nifty 50.
Why Is WIPRO Share Price Falling Today?
Latest NSE EOD report: 2026-09-29. Today’s Volume: 162,130,395; 5-Day Avg. Volume: 40,045,691; 20-Day Avg. Volume: 17,645,216; Volume vs 20-Day Avg.: 9.19x; Delivery Quantity: 144,035,654; Delivery %: 87.58%; Number of Trades: 147,207.
WIPRO (WIPRO) shares dropped 2.95% to close at ₹156.79 on September 29, 2026, lingering near the day’s low of ₹156.79 after opening at ₹161.00. Trading volumes surged noticeably, with total volume coming in at over 16.21 crore shares—running at roughly 4 times its 5-day average and 9 times its 20-day average, signaling heavy selling pressure and positioning adjustments.
The broader market witnessed mild weakness as the Nifty slipped 0.28%, but IT stocks faced a sharper pullback, with the Nifty IT sector benchmark declining by 1.48%. Wipro’s underperformance relative to both the broader market and its sectoral peers underscores deeper index-related headwinds, compounding its negative short-term momentum which shows a 5.55% decline over the past five sessions.
Beyond general sector weakness, market participants are processing Wipro’s impending exit from the benchmark Nifty 50 index, scheduled to take effect from September 30, 2026, with BSE replacing it. This index rejig has intensified institutional rebalancing and short-term volatility, overshadowing recent operational updates such as its collaboration with Aramco and SAP for the Wipro STO360 solution.
high confidence
- Scheduled exit from the Nifty 50 index effective September 30, 2026
- Trading volume running at 4x the 5-day average and 9.19x the 20-day average
- Nifty IT sector down 1.48% alongside broader tech underperformance
Ownership & Transaction Activity
The promoter/promoter-group disclosure states that the shares covered by the filing were free from encumbrance.
Source: NSE corporate filing
Research & Brokerage Views
Brokerage views are third-party opinions and are not WittyTrades recommendations.
WittyTrades Data Insight
Price Position:The stock is near the lower end of the day’s trading range.
Move From Open:-2.61%.
Intraday Range:3.48% of the previous close.
5-Day Performance:-5.55%; 20-Day Performance:-13.71%.
Latest Company Developments
What Should Traders and Investors Watch Next?
- Post-Nifty 50 exclusion price stabilization and passive ETF rebalancing flows
- Trading volume and delivery percentage trends following the index shift
- Execution progress on recent strategic deals with Aramco, CrowdStrike, and Google Cloud
- Sectoral performance of Nifty IT relative to broader market benchmarks
Catalyst note:The stock decline and exceptionally high delivery volume were driven by institutional rebalancing ahead of Wipro’s exit from the Nifty 50 index.
Frequently Asked Questions
What is the likely reason for today’s move?
Wipro’s sharp price drop and elevated volume coincide directly with its final trading session ahead of its removal from the Nifty 50 index effective September 30. This structural index exit triggered heavy institutional rebalancing and magnified selling pressure beyond standard Nifty IT sector weakness.
Is trading volume elevated?
Today’s volume is 162,130,395. The latest 20-day average available is 17,645,216, equivalent to about 9.19x of the recent average.
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Article by:WittyTrades Research Desk