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The Economic Times

Markets / The Economic Times

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Infosys, Wipro shares could crash up to 10% if ADR is an indicator. Heres why

Infosys and Wipro shares faced heavy selling pressure after their ADRs plunged, driven by concerns that Anthropic's new AI product could automate professional tasks. This development reignited fears that artificial intelligence might erode the profitability and competitive advantages of traditional IT services firms, leading to a broader market downturn.

13 Feb 2026 8:20 am