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ADRS TUMBLE
Rs 40,000 crore gone in minutes! Why Infosys shares crashed 9% to hit lowest level in almost 6 yearsInfosys share price: Infosys shares plummeted 9% to a near 6-year low, losing nearly Rs 40,000 crore in market cap. This follows Accenture'...- TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidanceIndian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continu...
- HDFC Bank shares crash 9% as Atanu Chakraborty quits; management denies any power struggleHDFC Bank shares plunged nearly 9% after part-time Chairman Atanu Chakraborty resigned, citing ethical misalignment over the past two years...
- HDFC Bank rules out other reasons in part-time chairman Atanu Chakraborty's resignationHDFC Bank has clarified the reasons behind Atanu Chakraborty's departure. He resigned as Part-time Chairman and Independent Director on Mar...
- Infosys ADRs tumble 5%, Wipro slips over 3% as Wall Street rattled by inflation data and AI fearsInfosys and Wipro ADRs tumbled on the NYSE amid AI-driven fears and higher-than-expected US wholesale inflation. Block's CEO Jack Dorsey an...
- Infosys, HCL Tech, TCS, other IT stocks fall up to 3% as Anthropic delivers new shockIT stocks like TCS, Infosys, and HCL Technologies experienced significant selling pressure following Anthropic's announcement of its Claude...
- Why did NVO stock crash over 14% today? Novo Nordisk’s weight-loss drug CagriSema misses trial goal against Eli Lilly’s TirzepatideNVO stock today: Novo Nordisk shares plummeted after its next-generation weight loss drug, CagriSema, failed to achieve non-inferiority in ...
- IT companies tumble on Anthropic shock; some feel its a short alarmIndian IT stocks saw a significant fall on Wednesday. This decline followed a sell-off in US counterparts after Anthropic launched new AI t...
- Infosys, other IT stocks slide up to 2% after Accenture reports Q4 resultsIndian IT stocks experienced a decline following Accenture's Q4 results, which revealed a 7% year-on-year revenue growth. Despite this grow...
- Sentiment on D-Street most bearish since CovidA declining ADR means more stocks are falling as against the gainers and points to a weakening market. In January, the reading was 0.9, whi...
- Chinese ADRs tumble on Trump order, led by 10% plunge in AlibabaThe stocks of a major e-commerce firm sharply fell by 10%, the largest decline since October 2022. This came after Trump directed restricti...
- China stocks fall on hawkish Fed, US regulatory concernsFor the week, the CSI300 Index declined 2.1%, while the Shanghai Composite Index was down 1.2%.
- US-listed Chinese firms nosedive amid geopolitical, macro concernsRegulatory pressure, the Russia-Ukraine crisis, and the new Covid lockdown in China have caused a massive fall in US-listed Chinese firms' ...
- Adani Ports slumps 12%; mcap down by Rs 5,849 croreShares of Adani Ports and Special Economic Zone today slumped 12 per cent, wiping out Rs 5,849 crore from its market valuation, as concerns...
- Axis Bank slumps over 9% on MSCI exclusion, RBI restrictionThe bank scrip fell 8.69 per cent to Rs 1,050 on the BSE. It closed at Rs 1,055.40, down 8.23 per cent at the BSE.
- Satyam, Wipro lose over $4 bn on US bourses in one weekSatyam saw its market valuation erode by a 2.7 bn for the week ended January 16 while market cap of Wipro tumbled as much as 1.5 bn. Funny ...
- IT stocks tumble on slump in ADRs, strong rupeeIT stocks fell on Friday tracking a slump in the ADRs of IT companies in US markets on Thursday.
- Banking stocks tumble following fall in ADRsPlayers continued to batter banking stocks following a drop in their ADRs in US markets. Wednesday, ADRs of HDFC Bank and ICICI Bank plunge...
- In 3 days, investors lose nearly $12 bn in US-listed sharesIndian stocks listed on US bourses saw their value erode by nearly $12 billion in the first three days of this week and the country's leadi...
- Rising Re pulls down stocks of US-listed Indian IT, BPO cosIndian BPO and IT stocks listed on the US bourses have taken a beating since the rupee hit a high last week against the dollar.
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