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ADRS SLUMP
Mid and smallcaps get the money as Nifty lagsInvestors are increasingly bullish on mid and small-cap stocks, reflecting a notable shift in market sentiment. The Advance-Decline Ratio h...- Infosys shares tumble 6% after Q4 results. What Morgan Stanley, other top brokerages are sayingInfosys shares dipped following a 21% profit rise, as a weaker-than-expected FY27 revenue growth forecast of 1.5% to 3.5% disappointed expe...
- Wipro, Infosys ADRs fall over 2% after TCS reports Q4 results. What to expect on Friday?ADRs of Wipro and Infosys declined after Tata Consultancy Services reported steady Q4 results with strong deal wins and rising AI revenue. ...
- 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 ADRs plunge over 7%, Wipro down 5% as tech turbulence deepens on Wall StreetInfosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wip...
- Infosys ADR slumps 3% on Q4 miss, softer FY25 guidance"Infosys weak quarterly numbers, lower-than-expected guidance for FY25 and declining headcount reflects continuity in weak, with the only s...
- ADRs of Wipro, Infosys slump as Accenture cuts guidance on clouded outlookThe IT industry has been grappling with sluggish demand for software and consulting services as high interest rates discouraged enterprises...
- HDFC Bank drops 8.4% on margin worries"Since HDFC Bank is a darling of the market, the expectations were higher and the lower delivery led to harsh reactions," said Siddhartha K...
- Stocks in news: Quick Heal, Infosys, Wipro, Adani Green, SBI Life, Uno Minda, EmamiAmerican venture capital firm Sequoia Capital has exited Quick Heal Technologies Ltd, by selling its entire 3.4% stake in the company throu...
- Infosys, Wipro ADRs slump on NYSE as Accenture offers bleak growth outlookAccenture, which released its earnings for the three months ended August, guided a meagre 2-5% growth in annual revenue in the backdrop of ...
- Infosys ADRs slump 11% after drastic cut in FY24 revenue guidanceThe Bengaluru-based software major has reported 11% year-on-year growth in net profit at Rs 5,945 crore for the quarter ended June. The pro...
- Infosys ADRs slump nearly 9% on NYSE on weak Q4 numbers, subpar guidanceADRs of Infosys are currently trading 8.51% lower at $15.62. A poll by ET Now had expected Infosys to clock a profit of Rs 6,550 crore and ...
- GMO’s Jeremy Grantham throws weight behind Infosys, ICICI BankGrantham’s hedge fund GMO bought substantial American Depository Receipts of ICICI Bank and Infosys during the December quarter, at a time ...
- Top stocks in focus on Tuesday, 13 June 2017US Fed’s meet will loom over the market while poor IIP numbers may kill feel-good factor.
- Bihar elections, inclusion of HK-China ADRs in MSCI weighing on market: Prashastha SethConcerns over whether India’s weightage will fall post the inclusion of China ADRs in MSCI indices is hurting mood, says Seth.
- Indian ADRs shed $2 bn in a week, ICICI Bank loses mostIndian entities listed on US bourses lost $2.02 bn from their total m-cap, with ICICI Bank alone shedding $2.14 bn from its valuation to $2...
- China IPOs fail 'trust' test on Wall StChinese cos record longest slump in five years. Shares fell an average 4.8% in their first month of trading on US stock exchanges in the la...
- Wipro ADRs slide 7% on NYSE; shares jump over 3% on BSEShares of Wipro slumped seven per cent on the New York Stock Exchange on Thursday even as the IT major jumped over 3 per cent on the domest...
- Banking stocks may open lower following drop in ADRsIndian banking stocks are likely to open lower Thursday, following a drop in their ADR prices. On Wednesday, ICICI Bank ADR slipped 2.52 pe...
- 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.
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