India's Persistent Systems, Wipro drop on report key client UnitedHealth under criminal probe

Persistent Systems

15/05/2025 07:28

** Persistent Systems PERS.NS and Wipro WIPR.NS drop 2.5% and 0.3%, respectively; PERS top loser among IT stocks

** U.S. Department of Justice is carrying out a criminal investigation into UnitedHealth Group UNH.N for possible Medicare fraud, Wall Street Journal reported

** According to Ambit Capital, UNH among WIPR and PERS's top clients

** Stocks' decline drives Nifty IT index .NIFTYIT 0.5% lower

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))