{"id":1044030,"date":"2026-10-16T10:31:49","date_gmt":"2026-10-16T05:01:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1044030"},"modified":"2026-10-16T10:31:49","modified_gmt":"2026-10-16T05:01:49","slug":"wipro-adrs-surge-5-to-two-month-high-despite-q2-profit-dip-is-anti-ai-trade-driving-gains","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/16\/wipro-adrs-surge-5-to-two-month-high-despite-q2-profit-dip-is-anti-ai-trade-driving-gains\/","title":{"rendered":"Wipro ADRs surge 5% to two-month high despite Q2 profit dip: Is anti-AI trade driving gains?"},"content":{"rendered":"<p>The American Depositary Receipts (ADRs) of Wipro surged 5% in Thursday\u2019s trade on 15 October to hit a nearly two-month high of $1.91, amid signs of a possible rotation back into software stocks as investors reassessed growth prospects and concerns surrounding the AI-driven sell-off in the sector persisted.<\/p>\n<p>The gains came despite the Bengaluru-based IT major reporting a marginal decline in net profit for the September quarter, while its deal bookings fell to multi-year lows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The American Depositary Receipts (ADRs) of Wipro surged 5% in Thursday\u2019s trade on 15 October to hit a nearly two-month high of $1.91, amid signs of a possible rotation back into software stocks as investors reassessed growth prospects and concerns surrounding the AI-driven sell-off in the sector persisted. The gains came despite the Bengaluru-based IT major reporting a marginal decline in net profit for the September quarter, while its deal bookings fell to multi-year lows.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1044030","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1044030"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044030\/revisions"}],"predecessor-version":[{"id":1044031,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1044030\/revisions\/1044031"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1044030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1044030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1044030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}