[MMB W] Vision less company , having 41000 Cr of cash and they are wasting it with Buyback .. doing zero renovation or Acquition...

In the rapidly evolving IT sector, strategic investments in new technologies like AI are crucial for long-term growth. Perceived lack of such vision can be detrimental.

This sentiment suggests a negative long-term outlook for Wipro. Investors might question the company's ability to compete and grow.

For Indian markets, this story mainly matters for the auto pocket. The current signal is bearish, so traders should watch whether the effect spreads across the sector or stays limited to a single name.

Watch whether the market validates this read through price action, volume, and breadth. If the headline matters, the signal should show up in execution, not just in commentary.

• •User calls Wipro a 'Vision less company'.
• •Criticizes wasting 41000 Cr on buyback.
• •Suggests they should have invested in 2-3 small sized emerging AI startups or established companies instead.
• •Risk flag: This is a strong opinion from a retail investor, which may not be universally shared.
• •Risk flag: Management's rationale for buybacks often includes returning capital to shareholders when growth opportunities are limited or valuations are attractive.