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Infosys ADRs plunge over 7%, Wipro down 5% as tech turbulence deepens on Wall Street
Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street. The broader US tech rout added to the…
Market Forecast for August 25–29, 2025
The chart of the dollar index (DXY) last week resembled the Greek letter “Λ.” Accordingly, the dynamics of major dollar-paired assets can be illustrated as a Latin “V.” For most of the five trading days, the U.S. currency strengthened, but then Jerome Powell delivered a blow. In his speech prepared for the annual Jackson Hole…
Hero FinCorp Board Approved Rs 4,000 Crore IPO, For Fresh Issue and Offer For Sale – Equitypandit
Hero FinCorp Limited’s Board of Directors approved a plan on May 29, 2024, to make its shares available to the public for the first time. The Company plans to issue shares and raise Rs 4,000 crore through this Initial Public Offering (IPO). It will also allow existing shareholders to sell some of their shares. Hero…
