Shares of Indian IT major Wipro Ltd traded largely unchanged on Thursday after the company announced a multi-year contract with US-based financial services provider TruStage.
The stock was quoted at ₹201.19 on the National Stock Exchange (NSE), reflecting a muted market reaction despite the strategic nature of the deal.
The Nifty IT index traded flat amid the broader market fall. However, only Tech Mahindra managed to post mild gains. Persistent Systems, OFSS, Coforge and Infosys were the major laggards.
Wipro said it has been selected to lead business and technology modernization initiatives for TruStage’s retirement services division.
TruStage, headquartered in Wisconsin, provides insurance and financial solutions across the US and to customers through credit unions and institutional partners.
Published on March 12, 2026