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INFOSYS ADR SURGE
Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?IT stocks, including Infosys and TCS, surged up to 4% on Friday, driven by Wipro's expanded partnership with ServiceNow to scale AI workflo...
Infosys Q4 Results: Cons profit jumps 21% YoY to Rs 8,501 cr, revenue rises 13%; Rs 25/share dividend declaredInfosys Q4 Results: The company reported a 21% year-on-year rise in net profit to Rs 8,501 crore for Q4FY26, with revenue up 13.4% to Rs 46...
IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's whyIT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears o...
Infosys ADRs surge 4%, Wipro's rise over 2% despite weak Wall Street tradeInfosys and Wipro ADRs surged despite a broader Nasdaq decline and weak domestic IT stocks. This resilience emerged as US inflation cooled ...
Infosys ADRs fall 7% in the opening trade, snap three-session winning streakAfter an unprecedented 40% surge on Friday, Infosys’ American Depositary Receipts (ADRs) slipped more than 7% on Monday to hit an intraday ...
Why ADRs are prone to sudden price spikes? Feroze Azeez explainsInfosys American Depository Receipts saw a significant intraday surge. Experts attribute this spike primarily to derivative strategies and ...
Infosys shares jump 3% after company clarifies about no material events as ADRs jump 40%Infosys shares are in focus after sharp volatility in its ADRs on the NYSE, driven by heavy trading volumes and sector-wide optimism. The c...
Infosys ADRs 40% spike linked to a "bizarre" technical glitch, says reportInfosys ADRs surged as much as 40% on the NYSE before trading was halted twice, despite the company denying any material trigger. A Canada-...
Explainer: Why Infosys ADRs jumped 40% and why the NYSE halted tradingInfosys ADRs surged 40% on the NYSE, hitting a 52-week high of $30 and triggering two trading halts. Analysts cite a combination of a short...
Infosys ADRs: Here's what company said on unprecedented 40% spike, trading pauseInfosys ADRs surged 40% on the NYSE, hitting a 52-week high of $30 before settling at $20.22, triggering two trading halts. The company cla...
Infosys ADR trading halted on NYSE after 40% surgeInfosys ADR Stock: The New York Stock Exchange (NYSE) has stopped halted the trading of Infosys' American Depository Receipts (ADRs) after ...
Infosys, Wipro ADRs surge up to 3% as Wall Street major indices discount Israel-Iran tensionsWall Street indices surged, boosting Infosys and Wipro ADRs. Dow, S&P 500, and Nasdaq also saw gains. Crude oil prices fell, easing global ...
TCS, Infosys, Wipro and other IT stocks in focus after Accenture's Q1 revenue beat and upgraded guidanceAccenture's strong Q1 earnings, driven by AI demand, boosted Indian IT stocks like Infosys and Wipro in US markets. Despite earlier losses ...
Wipro ADRs jump 16% after Q3 results meet expectationsThe spillover of positive sentiments around Indian IT stocks, after decent third-quarter results by peers Infosys and TCS, is likely reflec...
Biggest hedge fund shifts to Indian cyclical bets; dumps Infosys, DRLRenaissance sold a further 214,100 ADRs of Dr Reddy’s listed on the New York Stock Exchange, as per the March quarter 13-F filings by the h...
Strong Infosys, Wipro Q3 earnings set up Sensex’s dash for 50,000Infosys earlier today surprised investors by announcing a higher-than-expected increase in its revenue growth guidance for 2020-21.
Mapping the market: MIP rally fizzles in steel, IT gives in to the US slumpVolatility was at its peak on Monday as indices fell like a house of cards, to close the session at the day’s low. India VIX jumped 11.82 p...
Indian companies gain $ 57-billion valuation on American boursesExperts said that the the Indian ADRs' performance is mostly related to the domestic equity market in India, rather than the trends in the ...
- Indian ADRs jump ahead of general election outcome
Ahead of the results of the general elections in India, majority of Indian shares listed on American bourses made significant gains in earl...
- IT stocks tumble on slump in ADRs, strong rupee
IT stocks fell on Friday tracking a slump in the ADRs of IT companies in US markets on Thursday.