Infosys, Wipro ADRs Gain on Accenture Q4 Earnings Beat
Infosys and Wipro ADRs surged up to 10% after global consulting firm Accenture reported stronger-than-expected fourth-quarter results, surpassing Wall Street estimates and boosting investor sentiment.
New Delhi, Oct. 1 -- Stronger-than-expected fiscal fourth-quarter performance from global consulting giant Accenture lifted the American Depositary Receipts (ADRs) of Infosys and Wipro, with both recovering sharply from recent losses. In pre-market trade on Thursday, 1 October, Infosys…