Infosys ADRs fall 7% in opening trade, snapping a three-session winning streak

After an unprecedented 40% surge on Friday, Infosys’ American Depositary Receipts (ADRs) fell more than 7% on Monday to hit an intraday low of $18.78, snapping a three-session winning streak. The decline followed ADRs hitting a new 52-week high of $30 in the previous session, a move so volatile that the exchange was forced to halt trading twice as price swings intensified.

They were trading at $19.04, down $1.18 per 5.84% at around 10:24:33 AM ET (9:15 PM Indian time). Meanwhile, Wipro ADRs were hovering around $3.04, down 0.49%.The correction at two of India’s largest IT services companies came despite a positive trend in the frontline Wall Street indices and a strong performance on the D-Street earlier today. Infosys and Wipro shares closed with gains of almost 3% each on the NSE today.

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Among the US benchmark indices, S&P was marginally ahead of its two peers, Dow 30 and Nasdaq Composite, at this time. All three traded up almost half a percent.

India’s second largest IT services company Infosys on Saturday issued a statement on the New York Stock Exchange (NYSE) on the excessive increase in its ADRs, saying that no material events related to the measure have occurred that required disclosure.

“The Company observed volatility in the price of its American Depositary Receipt (“ADR”) on the New York Stock Exchange (“NYSE”) on December 19, 2025, which resulted in two volatility trading pauses (“Limit Up-Limit Down”/”LULD”) triggered by NYSE. In this regard, the Company hereby clarifies that there are no material events requiring disclosure under SEBI (Listing Obligations and Disclosure Requirements) regulations, 2015,” the exchange filing said.

Also read: Infosys ADR’s 40% spike linked to ‘bizarre’ technical glitch, says reportThey ended up at $20.22, up $1.04 or 5.42% on high volumes totaling 118.7 million. Infosys ADRs rose more than 5% on Thursday and 2.5% on Wednesday, according to data from Investing.com.

The rally for Infosys ADRs was partly driven by Accenture’s first-quarter revenues that beat Wall Street expectations on Thursday.

Accenture’s revenue increase was driven by robust demand for its artificial intelligence-based IT services. Shares were up 0.85% around this time, trading at $274.57 on the Nasdaq.

In its fiscal 2026 guidance, the company expects full-year revenue growth to be 2% to 5% in local currency. “Excluding an estimated 1% impact from U.S. federal operations, the company continues to expect revenue growth to be 3% to 6% in local currency terms,” the company filing said.

Accenture’s results are often seen as a harbinger for the broader IT sector and indicate trends for the Indian IT sector.

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