Wipro jumps 5%, lifts IT stocks as AI deal sparks sector rally

Wipro shares rose sharply after the company expanded its ServiceNow partnership to roll out agentic AI workflows. The move, along with a strong ADR rally and buyback sentiment, also lifted other IT stocks.

May 29, 2026 - 09:00
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Wipro jumps 5%, lifts IT stocks as AI deal sparks sector rally
Wipro shares rose sharply after the company expanded its ServiceNow partnership to roll out agentic AI workflows. The move, along with a strong ADR rally and buyback sentiment, also lifted other IT stocks.

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