Happy New Year 2023 This IT share had a serious decline in the year 2022, about half of the investors were destroyed
Business News Desk – In the year 2022 there were many uphill and downhill in the stock market. This year, when many stocks climbed into the stock market, many shares were still dropping. The Sensex and Nifty may have given more than 4 percent returns in the stock market throughout the year, but there was a share in the market that ended about half of investors’ capital. Actually, the share we are talking about is the IT sector share and the name is Wipro. In the year 2021, where the shares of Wipro had a tremendous refusal, the year 2022 was completely opposite as Wipro. In 2022, Wipro wasted many investors’ money. In the year 2022, Wipro had a 52 -week high price of 726.80 on NSE. While the 52 -week was low price Rs 372.40. In such a situation, the share has dropped for more than half a year. With this, the shares closed at 392.75 at the end of the year with 322.60 points, or 45.10 percent. On December 31, 2021, the shares had a closing price of Rs 715.35. In such a situation, Wipro ended the year 2022 with a 45 percent drop. At the same time, such a large decline in a large share in the IT sector also raises many questions. At the same time, the IT sector appeared as the top loser in the domestic stock market this year. Those who monitor the stock market believe that the continued recession in the US and Europe has affected the market perception, which does not perform well in the year 2022. Share this story