Reliance, Wipro lift Indian shares as vaccine hopes boost optimism – ZAWYA

Reliance, Wipro lift Indian shares as vaccine hopes boost optimism – ZAWYA

Reliance, Wipro lift Indian shares as vaccine hopes boost optimism | ZAWYA MENA Edition HomeMarketsEquitiesArticleReliance, Wipro lift Indian shares as vaccine hopes boost optimism Wipro gains nearly 20% after upbeat Q1 profit    BENGALURU - Indian shares gained almost 1% on Wednesday as hopes for the swift launch of COVID-19 vaccines lifted stock markets across Asia, while upbeat results for IT outsourcer Wipro and signs of new foreign investment inflows countered fears about the surge in domestic coronavirus cases.India's most valuable stock Reliance Industries rose about 1.1% ahead of an annual general meeting due later in the day after Bloomberg reported on Tuesday that Alphabet Inc's Google was in advanced talks to invest $4 billion in the digital arm of the conglomerate. Wipro rose 10%, topping the Nifty 50 blue-chip index, after reporting a better-than-expected profit for the three months ended June 30 along with the acquisition of Brazil-based IVIA Servicos De Informatica Ltda.India's most valuable stock Reliance Industries rose about 1.1% ahead of an annual general meeting due later in the day after Bloomberg reported on Tuesday that Alphabet Inc's Google was in advanced talks to invest $4 billion in the digital arm of the conglomerate. BENGALURU - Indian shares gained