IT giant Wipro has secured a significant contract worth $500 million from a leading US communication service provider. The agreement, which spans five years, will see Wipro provide managed services and industry-specific solutions to the US-based firm. Despite the substantial deal, Wipro declined to disclose the name of the partner company. Wipro’s stock performance has witnessed a positive trend, with shares gaining 2% to close at Rs 461.6 apiece. Notably, the deal comes amidst the recent vote against a cash severance package for Wipro’s former CEO, Thierry Delaporte. The BSE announcement also revealed Adani Ports and Special Economic Zone (SEZ) is poised to enter the Sensex, potentially replacing Wipro in the benchmark index from June 24.