Latest Updates Around The World
Infosys’ American Depositary Receipts (ADRs) reversed Thursday’s losses on Friday, rising 4% in early trade to hit a day’s high of $14.77, while Wipro’s ADRs rose 2.2% to $2.33 despite selling pressure on the Nasdaq Composite and weak trading in domestic IT stocks for yet another session today.Major indices on Wall Street were trading lower […]
U.S.-traded shares of Infosys Ltd soared as much as 40% within minutes of Friday’s opening bell, briefly adding tens of billions of dollars to the Indian IT group’s market capitalization and prompting the New York Stock Exchange to halt trading, in a market dislocation that has focused attention on short selling, automated trading systems and […]
