Wipro Shares Rally as Service Now AI Deal Lifts Investor Sentiment

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Wipro shares came into sharp focus after the IT major announced an expanded partnership with ServiceNow to scale agentic AI workflows across key enterprise functions, including IT, HR, procurement and cybersecurity. The stock rose as much as 4.5% to ₹211 on the BSE, while Wipro’s ADRs had surged up to 18.5% after the development, raising expectations of a strong domestic market reaction. The collaboration will combine Wipro Intelligence with the ServiceNow AI Platform to help businesses automate work requests, improve visibility, cut manual coordination and strengthen governance. Wipro said solutions such as SmartProcure, Telco Autonomous Networks and Cyber Transform will use ServiceNow’s AI capabilities to support faster turnaround times and better enterprise execution. The deal has boosted optimism around Wipro’s AI-led growth strategy, though investors are advised to track earnings momentum, IT sector demand and valuation before making fresh decisions.

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