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(Updates for morning trade) By Bharath Rajeswaran and Vivek Kumar M Oct 16 (Reuters) — Indian shares recovered from a muted start on Friday, led by IT firms after Tech Mahindra's upbeat quarterly earnings, while concerns over persistently high oil prices as well as US inflation kept a lid on gains. On Friday, the Nifty
(Adds details, analyst comments paragraph 2 onwards) Oct 16 (Reuters) — Wipro shares rose nearly 4% on Friday after the IT firm's second-quarter revenue beat estimates and the company signaled that delayed large deals could support growth in coming quarters, outweighing concerns over weak deal bookings and a subdued ne
Wipro shares rose 3% Friday as investors responded to a second-quarter revenue beat and signs delayed large deals could support growth, despite weak deal bookings and a subdued near-term outlook.