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Wipro's promoter entities executed a stake swap involving 1.72% of the company’s equity through block deals, valued at approximately Rs 4,674.77 crore. The Azim Premji Trust sold shares, while Prazim Traders and Zash Trader purchased the same quantity. This internal transaction reflects portfolio realignments within the Azim Premji Trust and Premji Invest ecosystem.
Geopolitical tensions, particularly concerns about a potential Israel-Iran conflict, triggered a significant market downturn. The Sensex plunged 823 points, and investors saw a wealth erosion of approximately Rs 6 lakh crore. Rising cru ...more
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