Wipro slumps as Q1 outlook seen below estimates

Employees walk in the Wipro campus in Bangalore June 23, 2009. REUTERS/Punit Paranjpe/Files

MUMBAI (Reuters) - Shares in Wipro fell more than 4 percent in early trade after company's IT revenue guidance was seen below estimates by some analysts. The company on Thursday said it expects June-quarter IT services revenues to be in the range of $1.72 billion to $1.76 billion. (Reporting by Abhishek Vishnoi; Editing by Sunil Nair)