Explained: Why Wipro shares fell 6% today

Shares of IT major Wipro tanked six per cent on Thursday after starting off the trading session on a weak note. The company had announced its Q3 earnings on Wednesday. Here is all you need to know.

Shares of Wipro fell nearly six per cent on Thursday in early trade after the company reported weaker earnings for the October-December quarter.

On the National Stock Exchange (NSE), the stock tumbled almost 6 per cent in early trade and remained unchanged during the afternoon trading session.