Infosys and Wipro ADRs surged despite a broader Nasdaq decline and weak domestic IT stocks. This resilience emerged as US inflation cooled to 2.4% in January 2026, potentially influencing Fed rate cut decisions. However, Indian IT stocks continue to face pressure from strong US employment data and AI-driven disruptions.
Infosys ADRs surge 4%, Wipro's rise over 2% despite weak Wall Street trade
📅 Published: February 13, 2026 |
📂 Category: Uncategorized