the latest Flash player

Short Wipro, do it today: Ambit Capital

11:31 PM ET Tue, 22 Oct 2013

Ankur Rudra, Vice-President of Ambit Capital tells CNBC's Cash Flow that Wipro's rally is short-lived and advises investors to short the stock.

Watch CNBC Live TV

You May Like
‹
›
Latest Videos
‹
- 02:48
  
  02:48 | 7 Hrs Ago
  
  This is the time for Indonesia to rebuild its buffers: Economist
- 02:51
  
  02:51 | 7 Hrs Ago
  
  The logistics market is 'very strong' across Asia: Colliers
- 02:47
  
  02:47 | 7 Hrs Ago
  
  China and US are in 'equally good' positions: Fidelity International
- 02:18
  
  02:18 | 8 Hrs Ago
  
  Z-Ben Advisors sees increased foreign investment in China
- 02:27
  
  02:27 | 8 Hrs Ago
  
  The BOJ is 'quite flexible' and has many tools: Strategist
- 02:24
  
  02:24 | 8 Hrs Ago
  
  Indonesia's trade deficit is its 'Achilles' heel': HSBC
- 02:04
  
  02:04 | 9 Hrs Ago
  
  Gold prices could break the $1,300 level: Investor
- 02:35
  
  02:35 | 9 Hrs Ago
  
  Strategist: I'm betting on the US consumer
- 01:23
  
  01:23 | 2 Hrs Ago
  
  CNBC International Premarket Briefing
- 01:17
  
  01:17 | 7 Hrs Ago
  
  CNBC Tech Check Evening Edition: January 17, 2019
- 06:17
  
  06:17 | 8 Hrs Ago
  
  Cramer's lightning round: 'I'm not endorsing' Fiat Chrysler's stock anymore
- 01:06
  
  01:06 | 8 Hrs Ago
  
  Cramer Remix: There's 'incredible value' in the stock market right now
- 07:21
  
  07:21 | 8 Hrs Ago
  
  'The shutdown will affect ours and everybody else's quarter,' says CEO of software company serving the FDA
- 06:58
  
  06:58 | 8 Hrs Ago
  
  Cramer on how to protect your portfolio from Washington uncertainty
- 00:57
  
  00:57 | 8 Hrs Ago
  
  Protecting your portfolio from Washington uncertainty: Cramer
- 11:24
  
  11:24 | 8 Hrs Ago
  
  Here's the real reason why stocks popped on China trade reports: Cramer
- 01:02
  
  01:02 | 8 Hrs Ago
  
  Gold mining CEO says recent industry mergers 'on the right track'
- 06:22
  
  06:22 | 8 Hrs Ago
  
  Gold mining CEO addresses recent industry mergers: 'I think they're on the right track'
- 00:58
  
  00:58 | 8 Hrs Ago
  
  The real reason stocks popped on China trade report: Cramer
- 01:04
  
  01:04 | 9 Hrs Ago
  
  News Update – Market Close
- 01:30
  
  01:30 | 10 Hrs Ago
  
  Apple CEO Tim Cook writes op-ed calling for tech privacy regulation
- 03:31
  
  03:31 | 10 Hrs Ago
  
  American Express risk does not concern us, says Morningstar's Colin Plunkett
- 05:41
  
  05:41 | 10 Hrs Ago
  
  "When people sit down to watch a show, they're watching Netflix," says Ross Gerber on Netflix's earnings report
- 00:53
  
  00:53 | 11 Hrs Ago
  
  American Express misses earnings mark
- 01:29
  
  01:29 | 15 Hrs Ago
  
  Catch-up trades: 3 picks
- 02:24
  
  02:24 | 9 Hrs Ago
  
  Options traders bet the worst is over for Facebook
- 02:44
  
  02:44 | 9 Hrs Ago
  
  Time magazine takes aim at Facebook, but the stock doesn't care
- 05:30
  
  05:30 | 11 Hrs Ago
  
  This ‘90s Jack Bogle interview shows how little his famous investing strategy changed over the years
- 10:36
  
  10:36 | 9 Hrs Ago
  
  Top technician says these names are the best buys to catch up to rally
- 02:24
  
  02:24 | 10 Hrs Ago
  
  Netflix beat on earnings, but missed on revenues — Here's what three experts say to watch now
›
Top Videos
‹
- 11:24
  
  11:24 | 8 Hrs Ago
  
  Here's the real reason why stocks popped on China trade reports: Cramer
- 03:58
  
  03:58 | 11 Hrs Ago
  
  Netflix shares drop on mixed fourth-quarter earnings
- 02:41
  
  02:41 | 13 Hrs Ago
  
  US reportedly weighs lifting China tariff to hasten trade deal
- 03:30
  
  03:30 | 14 Hrs Ago
  
  Here's how economists are getting data during the shutdown
- 05:54
  
  05:54 | 15 Hrs Ago
  
  Stock picking the name of the game for 2019, says Eaton Vance's Barton
- 02:39
  
  02:39 | 14 Hrs Ago
  
  Bank turmoil driven by emotion, says Bankstocks.com CEO
- 01:44
  
  01:44 | 18 Hrs Ago
  
  Jim Cramer: Jack Bogle was despised in the business and he loved it
- 03:16
  
  03:16 | 18 Hrs Ago
  
  Initial jobless claims down 3,000 to 213,000
- 09:13
  
  09:13 | 19 Hrs Ago
  
  Remembering legendary investor Jack Bogle
- 04:43
  
  04:43 | 19 Hrs Ago
  
  Sen. Moore Capito: Pelosi's request to postpone State of the Union is a 'political ploy'
- 03:40
  
  03:40 | 19 Hrs Ago
  
  Here's what you need to know about the state of the luxury real estate sector
- 02:01
  
  02:01 | 21 Hrs Ago
  
  UK government scrambles to meet March 29 Brexit deadline
- 03:27
  
  03:27 | 21 Hrs Ago
  
  Morgan Stanley fourth quarter earnings miss expectations
- 00:50
  
  00:50 | 21 Hrs Ago
  
  US futures fall amid Brexit uncertainty
- 11:17
  
  11:17 | 6:39 PM ET Wed, 16 Jan 2019
  
  The bank stocks are leading stocks out of their rut, and it's not too late to buy: Cramer
- 08:21
  
  08:21 | 5:55 PM ET Wed, 16 Jan 2019
  
  Vanguard Founder Jack Bogle dies at 89
- 04:48
  
  04:48 | 12:27 PM ET Wed, 16 Jan 2019
  
  JP Morgan's Dimon says this economic recovery has been anemic
- 06:55
  
  06:55 | 10:48 AM ET Wed, 16 Jan 2019
  
  Former SEC Chairman: It's 'high time' we found a compromise on the shutdown
- 17:21
  
  17:21 | 10:21 AM ET Wed, 16 Jan 2019
  
  Watch CNBC's full interview with BlackRock CEO Larry Fink
- 02:11
  
  02:11 | 7:57 AM ET Wed, 16 Jan 2019
  
  Lawmakers will forgo planned recess to continue shutdown talks
- 01:39
  
  01:39 | 8:32 AM ET Wed, 16 Jan 2019
  
  US import prices fell 1.0% in December, export prices fell 0.6%
- 01:27
  
  01:27 | 6:49 AM ET Wed, 16 Jan 2019
  
  Bank of America beats earnings on both top and bottom lines
- 01:16
  
  01:16 | 7:35 AM ET Wed, 16 Jan 2019
  
  Fiserv to buy First Data in $22B all-stock deal
- 01:38
  
  01:38 | 7:39 AM ET Wed, 16 Jan 2019
  
  Here's how Goldman Sachs' earnings results compare to Bank of America's
- 04:21
  
  04:21 | 6:09 AM ET Wed, 16 Jan 2019
  
  May's Brexit plan voted down, parliament to hold vote of no confidence
- 11:34
  
  11:34 | 6:35 PM ET Tue, 15 Jan 2019
  
  Cramer: Netflix's price bump means Amazon, Apple's stocks are bargains
- 05:11
  
  05:11 | 3:35 PM ET Tue, 15 Jan 2019
  
  Economic forecast for 2019 looks good, says Wells Fargo's CFO
- 03:55
  
  03:55 | 1:53 PM ET Tue, 15 Jan 2019
  
  UK parliament defeats Brexit deal
- 05:16
  
  05:16 | 12:59 PM ET Tue, 15 Jan 2019
  
  These are Oakmark's Bill Nygren's top stock picks
- 03:54
  
  03:54 | 11:43 AM ET Tue, 15 Jan 2019
  
  UK parliament to vote on Theresa May's Brexit plan
›
Must Watch Videos
‹
- 04:06
  
  04:06 | 5:17 PM ET Wed, 16 Jan 2019
  
  Millennials and big banks have trust issues — Here's how financial institutions are trying to fix them
- 00:53
  
  00:53 | 2:43 PM ET Wed, 16 Jan 2019
  
  Here's what Huawei's 'Ox Horn' campus looks like – a cluster of European cities
- 09:02
  
  09:02 | 2:12 PM ET Tue, 15 Jan 2019
  
  Can the Robinhood app live up to the legend?
- 01:51
  
  01:51 | 12:28 PM ET Mon, 14 Jan 2019
  
  Whirlpool's smart oven uses sensors to detect the food you're making and cooks it perfectly
- 12:59
  
  12:59 | 8:00 AM ET Tue, 15 Jan 2019
  
  How Qualcomm became a chip giant and why its business model is being challenged by Apple and the FTC
- 07:46
  
  07:46 | 8:59 AM ET Sat, 12 Jan 2019
  
  VR training by companies like Microsoft is saving lives, money and ensuring the future of VR and AR
- 01:03
  
  01:03 | 9:00 AM ET Mon, 14 Jan 2019
  
  Ford unveils the all-new Shelby GT500, its most powerful street-legal car in history
- 01:22
  
  01:22 | 9:46 AM ET Mon, 14 Jan 2019
  
  Toyota reveals the first new Supra in the US in 21 years
- 03:19
  
  03:19 | 9:29 AM ET Sat, 5 May 2018
  
  This high-tech crib is being offered as a company benefit at tech companies
- 01:06
  
  01:06 | 2:21 PM ET Fri, 11 Jan 2019
  
  Watch SpaceX launch and land its first mission of 2019
- 04:04
  
  04:04 | 3:57 PM ET Tue, 8 Jan 2019
  
  We rode the Google rollercoaster at CES so you don't have to
- 09:33
  
  09:33 | 7:00 AM ET Thu, 10 Jan 2019
  
  Tailspin: A CNBC Investigation
- 01:31
  
  01:31 | 11:45 AM ET Mon, 7 Jan 2019
  
  Watch this super thin TV roll up and disappear in seconds
- 01:38
  
  01:38 | 5:34 PM ET Wed, 9 Jan 2019
  
  Mercedes CLA coupe loaded with tech, a pitch to millennial luxury buyers
- 02:02
  
  02:02 | 3:07 PM ET Mon, 7 Jan 2019
  
  Here are 5 cool products not to miss at CES 2019
- 01:05
  
  01:05 | 10:59 AM ET Wed, 9 Jan 2019
  
  Here are your income tax changes for 2019
- 07:27
  
  07:27 | 8:48 AM ET Mon, 7 Jan 2019
  
  How Starbucks went from one coffee bean store to an $80 billion business
- 07:15
  
  07:15 | 4:32 PM ET Fri, 4 Jan 2019
  
  The crypto craze ended 2018 with a whimper — Here's what nine experts say to expect in 2019
- 03:45
  
  03:45 | 3:42 PM ET Mon, 7 Jan 2019
  
  Three big factors behind Apple's big sales slump and dire warning about China
- 00:55
  
  00:55 | 10:09 AM ET Thu, 3 Jan 2019
  
  China makes history by landing spacecraft on far side of the moon
- 07:34
  
  07:34 | 5:20 PM ET Thu, 3 Jan 2019
  
  Here's why you won't find a McDonald's in Iceland
- 03:20
  
  03:20 | 6:33 PM ET Fri, 4 Jan 2019
  
  This astronaut, physician and mountaineer says being a tech CEO is his greatest challenge yet
- 03:05
  
  03:05 | 6:59 AM ET Thu, 3 Jan 2019
  
  Solving the student debt crisis: Increase the supply of education says Mark Zandi
- 06:57
  
  06:57 | 7:35 AM ET Wed, 2 Jan 2019
  
  Why McDonald's failed in Bolivia
- 07:03
  
  07:03 | 6:24 PM ET Wed, 2 Jan 2019
  
  Apple's Tim Cook blames China for weak iPhone sales — Here's how five experts reacted to the news
- 01:56
  
  01:56 | 8:55 AM ET Tue, 1 Jan 2019
  
  Suzy Welch: If you make one New Year’s resolution about your career in 2019, make it this
- 01:40
  
  01:40 | 6:00 AM ET Mon, 21 March 2016
  
  Lilly Singh: Find happiness and you'll find success
- 01:32
  
  01:32 | 12:32 PM ET Wed, 2 Jan 2019
  
  Howie Mandel reveals how cheap he really is
- 04:10
  
  04:10 | 7:59 AM ET Sat, 29 Dec 2018
  
  The Next Recession: Mark Zandi says corporate debt could cause 'reckoning' in 2020
- 02:16
  
  02:16 | 3:41 PM ET Fri, 28 Dec 2018
  
  This Bill Gates-backed start-up is battling world hunger with avocados that last twice as long
›
CEO Interviews
‹
- 29:17
  
  29:17 | 12:55 PM ET Wed, 16 Jan 2019
  
  Watch JP Morgan CEO Jamie Dimon speak on the shutdown, Brexit and U.S.-China trade
- 04:49
  
  04:49 | 11:58 AM ET Wed, 16 Jan 2019
  
  Augmented reality games will transition from phones, says Niantic CEO
- 08:51
  
  08:51 | 8:09 AM ET Wed, 16 Jan 2019
  
  United CEO Oscar Munoz talks Q4 earnings, China, government shutdown
- 07:20
  
  07:20 | 6:38 AM ET Wed, 16 Jan 2019
  
  Watch BlackRock CEO Larry Fink break down the company's Q4 earnings
- 05:11
  
  05:11 | 1:53 PM ET Tue, 15 Jan 2019
  
  US consumer is really strong, says Domino's Pizza CEO
- 06:17
  
  06:17 | 11:00 AM ET Tue, 15 Jan 2019
  
  Consumers are confident despite 'noise', says Chipotle CEO
- 07:54
  
  07:54 | 7:26 AM ET Tue, 15 Jan 2019
  
  Tilray CEO talks branding deal with Authentic Brands Group
- 10:00
  
  10:00 | 2:49 PM ET Sun, 13 Jan 2019
  
  Ford CEO Jim Hackett on restructuring, going electric and China's slowdown
- 03:26
  
  03:26 | 9:46 AM ET Fri, 11 Jan 2019
  
  'We will do what maximizes shareholder value,' says GM CEO
- 22:13
  
  22:13 | 7:15 PM ET Tue, 8 Jan 2019
  
  Apple CEO Tim Cook talks China, Wall Street negativity and innovation with CNBC's Jim Cramer
- 03:36
  
  03:36 | 8:59 AM ET Fri, 21 Dec 2018
  
  Crude prices will rebound sharply mid-2019, Canary CEO predicts
- 06:36
  
  06:36 | 7:22 PM ET Thu, 20 Dec 2018
  
  CEO of Boehner-backed cannabis company sees bill paving way for legalization being passed in 2019
- 04:16
  
  04:16 | 4:46 PM ET Thu, 20 Dec 2018
  
  We don't see any fall-off in demand, says Carnival CEO
- 07:10
  
  07:10 | 6:55 PM ET Thu, 20 Dec 2018
  
  'I don't think the economy's super strong,' but demand and business optimism remain: Paychex CEO
- 07:08
  
  07:08 | 6:40 PM ET Wed, 19 Dec 2018
  
  Micron CEO touts 'vibrant' demand for key products as stock hits 52-week low after earnings
- 09:28
  
  09:28 | 7:04 PM ET Wed, 19 Dec 2018
  
  'It's a horse race between three great companies': Eli Lilly CEO talks winning on migraine treatments
- 16:13
  
  16:13 | 7:35 AM ET Wed, 19 Dec 2018
  
  Watch CNBC's full interview with GSK CEO Emma Walmsley about the Pfizer merger
- 06:26
  
  06:26 | 11:08 AM ET Tue, 18 Dec 2018
  
  Oracle CEO: Our growth rates are the best we've seen
- 07:50
  
  07:50 | 9:42 AM ET Fri, 14 Dec 2018
  
  Starbucks CEO on the company's future outlook, China expansion and Howard Schultz
- 10:30
  
  10:30 | 7:43 AM ET Thu, 13 Dec 2018
  
  Watch CNBC's full interview with Delta Airlines CEO Ed Bastian
- 04:17
  
  04:17 | 11:14 AM ET Wed, 12 Dec 2018
  
  Christmas season off to strong start despite global volatility, says UPS CEO
- 06:56
  
  06:56 | 7:01 PM ET Tue, 11 Dec 2018
  
  Masimo CEO on how new patient monitors can help curb opioid-related deaths
- 03:23
  
  03:23 | 10:13 AM ET Tue, 11 Dec 2018
  
  Coca-Cola CEO: Market volatility is a sign of uncertainty
- 07:30
  
  07:30 | 9:05 AM ET Tue, 11 Dec 2018
  
  Tech regulations must happen at the federal level, says Nextdoor CEO
- 06:38
  
  06:38 | 7:02 PM ET Mon, 10 Dec 2018
  
  Hybrid cloud is 'clearly' the 'mode of the future,' Tech Data CEO says
- 08:33
  
  08:33 | 6:56 PM ET Mon, 10 Dec 2018
  
  Splunk CEO talks data analytics company's new capabilities in voice, AR
- 01:15
  
  01:15 | 6:46 PM ET Mon, 10 Dec 2018
  
  Data analytics and Splunk's new capabilities in voice, AR
- 11:59
  
  11:59 | 7:20 PM ET Fri, 7 Dec 2018
  
  Restaurateur Danny Meyer and his CIO talk investing in online gourmet food platform Goldbelly with founder Joe Ariel
- 06:25
  
  06:25 | 6:53 PM ET Fri, 7 Dec 2018
  
  Domo CEO on how his data analytics platform differentiates itself from competitors
- 03:58
  
  03:58 | 7:18 AM ET Fri, 7 Dec 2018
  
  China economy has to do well in order for US to do well, says EY CEO
›

Short Wipro, do it today: Ambit Capital

You May Like

Latest Videos

Top Videos

Must Watch Videos

CEO Interviews

News Tips

CNBC Newsletters