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Infosys ADRs surge 4%, Wipro's rise over 2% despite weak Wall Street trade

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.

13 Feb 2026 10:03 pm