Sensex Rises Modestly
2026-04-17 04:37
By
Jereli Escobar
1 min. read
India’s BSE Sensex edged up about 0.2% to 78,135 on Friday, recovering from losses in the previous session as broader market optimism over a potential peace deal to end the Iran conflict was partly offset by weakness in IT stocks following Wipro’s subdued outlook.
Wipro shares fell 3% in early trading today after a Q4 revenue miss and a soft near-term forecast, with brokerages divided between concerns over slowing demand and support from the company’s fifteen thousand crore buyback, which is seen as helping cushion downside risks.
Most sectors traded in the green, except technology, non-energy minerals, health technology, and communications.
Among the early gainers included Waaree Renewable Tech (+12.5%), Ola Electric (+5.6%), Godfrey (+4.5%), and Gujarat Petronet (+8.1%), while laggards were Gallant (-2.8%), Gujarat Mineral (-3.2%), ICICI Bank (-0.7%), and HDFC Life Insurance (-3.6%).
The benchmark index is set for a second consecutive weekly gain, up 0.8% so far.