Tuesday, 31 March, 2026
Infosys and Wipro Shares Face Potential 10% Crash Following Weak ADR Performance
By TechShots Studio
Indian IT giants Infosys and Wipro are bracing for a sharp decline as their American Depository Receipts (ADRs) signaled a potential 10% slump. Analysts suggest that disappointing quarterly guidance and broader concerns over global tech spending are weighing heavily on investor sentiment. This downward trend in US markets often precedes local trading corrections, sparking fears of a significant sell-off in the Indian IT sector.
Read full story at Economic Times