Infosys, Wipro ADRs surge up to 6%: What it means for Indian IT stocks on Tuesday
Domestic technology stocks are likely to attract investor attention when Indian markets resume trading on Tuesday, September 15, with Infosys and Wipro in focus after their American depositary receipts (ADRs) gained sharply in Monday’s trade.
Infosys and Wipro ADRs rose 6% and 1%, respectively, while ADRs of Cognizant, ServiceNow and Accenture gained as much as 5–8%, pointing to a potentially positive start for Indian IT stocks.
