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Infosys and Wipro ADRs fall after software selloff
NDTV Profit··3 Jun
Infosys and Wipro ADRs fell sharply in New York after Wall Street-listed software stocks sold off on brokerage warnings about AI disruption. NDTV Profit reported Wipro's ADR dropped nearly 9 percent to $2.16, while Infosys declined as much as 4 percent to $12.86 during Tuesday trading. Overnight investor sentiment turned sharply negative again.
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