IT stocks tumble after Accenture lowers guidance; HCL Tech, Wipro, TCS, Infosys fall up to 6%
The BSE IT index declined nearly 2% today, led by index heavyweights HCL Technologies, Wipro, Infosys, TCS, and Tech Mahindra.
infosys adr
March 2024
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April 2023
Infosys ADR plummets over 6% on weak guidance; stock falls 4%
Post Q2 results, the U.S.-listed shares of Infosys plunged 6.5% to $16.46 in overnight trade on NYSE after the IT heavyweight cut revenue guidance for the second in a row.
Infosys ADR nosedives 10% on NYSE on disappointing Q4, weak guidance
The U.S.-listed shares of Infosys plunged to $15.40 on NYSE, registering their biggest one-day selloff since December 2020.
