IT selloff deepens: Infosys, Wipro ADRs fall on US tech debacle and rate fears & more related News Here
Selling pressure in global technology stocks spread to US-listed Indian IT stocks on Thursday, with Infosys and Wipro ADRs falling sharply amid concerns over broader risk-off mood and interest rate outlook and AI-driven disruption.Infosys’ American Depositary Receipts (ADRs) fell more than 7 per cent to a low of $14.59 in early trade, while Wipro’s ADRs…