What drove the WIPRO.NS stock drop on 16 Mar 2026?

The drop to **INR 195.11** reflected sector weakness and profit-taking. Volume was **12,630,850.00**, and technicals signalled short-term selling. No single headline drove the move; market sentiment and rotation from large-cap tech names contributed.

What is Meyka AI's forecast for WIPRO.NS stock?

Meyka AI's forecast model projects a yearly target of **INR 290.89**, implying **49.09%** upside from **INR 195.11**. These are model-based projections and not guarantees.

What are the key support and resistance levels for WIPRO.NS stock?

Immediate support sits at **INR 193.03** and the lower Bollinger band **INR 190.47**. Resistance levels are the 50-day MA at **INR 228.79** and the 200-day MA at **INR 246.60**.

Is WIPRO.NS stock a dividend play?

Wipro pays **INR 11.00** per share historically, equating to a trailing yield near **5.57%**. The payout ratio is elevated, so dividend sustainability should be reviewed with quarterly earnings.

IN Stocks

WIPRO.NS Wipro (NSE) down 3.65% at INR 195.11 Mar 2026: Model sees 49% upside

ByDanny Kontos March 16, 2026March 16, 2026

WIPRO.NS stock closed the NSE session on 16 Mar 2026 at INR 195.11, down 3.65% from the previous close. We saw selling pressure through the day with volume 12,630,850.00 shares as the Technology sector slipped. The drop follows mixed headlines and continues a YTD decline of 26.10%. We highlight valuation, technicals, and a model forecast that points to a material long-term upside, while flagging short-term risk to support at INR 193.03.