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The stock quoted a 52-week high price of Rs 385.75 and low of Rs 160.2.

“Wipro had guided for 2-4 per cent CC (constant currency) growth in Q3 for IT services. We expect the company to report 4 per cent QoQ CC growth in revenues in IT services. We expect dollar revenue growth of 3.3 per cent QoQ, factoring in 70 bps cross-currency headwind,” said analysts at ICICIdirect.

"Broad-based companies will do well. Many of today’s midcap companies can become large caps of the future."

Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 110164.80 Crore) operating in Metals - Non Ferrous sector.

European tech stocks advanced 2.1% after tumbling 3.6% to a near three-month low in the previous session.

Ahead of the budget, the government is looking at providing capital gains exemption to shares of Indian companies that are listed directly on overseas stock exchanges. The move is similar to the norms that are applicable to depository receipts (ADRs and GDRs).

The recent correction in the broader markets and dull listing pops due to ultra higher valuations is weighing on the sentiments in the listed space

"So financials look interesting. Beyond that, we have been positive on real estate and capital goods, on expectations of multi-year investment cycle on both housing and private capex side."

“We expect Infosys to upgrade its current guidance of 16.5-17.5 per cent constant currency (CC) growth for FY22 to 17-18 per cent in CC terms,” analysts at YES Securities said. The company had reported a 20 per cent revenue growth in the last quarter also, beating Street expectation.

Post conversion, the government would likely hold around 35.8 per cent of the total outstanding shares. Vodafone Group would have 28.5 per cent and Aditya Birla Group would be owning 17.8 per cent stake in the telecom operator.