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Following the development, shares of SBI Cards and Payment Services crumbled about 5 per cent to Rs 835.45. However, the scrip recovered to Rs 846.50 at 9.45 am. It had settled at Rs 876.75 on Monday.

On the technical charts, the 200-day moving average of the stock stood at Rs 127.46.

A total of 13,005 shares changed hands on the counter till 10:45AM (IST)

Wipro Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 332385.01 Crore) operating in IT Software sector.

Promoters held 0.0 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 40.17 per cent and 31.06 per cent, respectively.

The Nifty IT index was trading 0.4 per cent up at 36588.75.

"(In FY22) total turnover has been Rs 1,436 crore (provisional) registering growth of 22 per cent in comparison to Rs 1,177 crore in the previous year, and marginally lower than the highest-ever achievement of Rs 1,441 crore in FY 2018-19," the ministry said, according to a PTI report.

Zomato’s share price skid to a low of Rs 82.15 as against Rs 86.20 at previous close on the BSE.

The stock traded at a P/E multiple of 85.26, while the price-to-book value ratio stood at 21.99.

Asian stocks ticked up to their highest in more than a month supported by broad gains on Wall Street on Tuesday, while the euro was stuck near a one-week low against the dollar amid talk of more sanctions against Moscow.