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Wipro secures $1 billion deal with Olam Group

pre-market1 source ↓written by the desknot a recommendation

acquisition of Mindsprint
$375 million
to close
30 June 2026
following the announcement
1%

Wipro Limited announced an eight-year, $1 billion strategic deal with Olam Group, enhancing its AI-powered transformation services across the agri-business's value chain. The engagement includes a $375 million acquisition of Mindsprint, Olam’s IT services arm, expected to close by 30 June 2026. This partnership boosts revenue visibility for Wipro, with shares gaining nearly 1% following the announcement.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 7 Apr 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

WIPRO closed +3.8% on the day of the news, from ₹197.29 to ₹204.72; Nifty +0.7% over the same session; futures OI +1.4%.

Bulletin at 07:06 IST on 7 Apr 2026. Every change is measured from ₹197.29, the last close before it, on 6 Apr. Nifty 50 is measured over the same sessions.

  • WIPRO close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
WIPRO closes around the bulletin against the close before the news, with Nifty 50 rebased to it179.38197.29215.20axis spans 20%before the news · 6 Apr197.29Nifty 50WIPRObulletinD0+1+3+527 Mar10 Apr22 AprFutures open interest, lotspeak 1.1 LReference close ₹197.29. 16 sessions from 27 Mar to 22 Apr; the price axis spans 20 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before6 Apr₹197.29basebase
On the day7 Apr₹204.72▲ +3.8%▲ +0.7%+3.1 pp difference
+1 session8 Apr₹203.42▲ +3.1%▲ +4.5%−1.4 pp difference
+3 sessions10 Apr₹204.88▲ +3.9%▲ +4.7%−0.9 pp difference
+5 sessions15 Apr₹209.75▲ +6.3%▲ +5.5%+0.8 pp difference
Gap at the open, % · ₹
▼ −0.1%−0.28 on 7 Apr
Day's range, % · ₹
4.2%≈ 8.3 high to low
Volume on the day
1.37×the 20-session average
Futures OI on the day
▲ +1.4%+940 lots · long build-up · price +3.8%
Futures OI open, lots
69,0007 Apr · 28 Apr expiry
Futures premium, ₹
−1.60−0.8% to spot
Puts per call, by OI
0.81from 0.73 the session before
Max pain
200from 195 the session before

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