INFY

ADR Stock: Trading briefly halted after stock surges 40% - Reasons behind the BULL rally

The New York Stock Exchange (NYSE) briefly halted the trading in Infosys' American Depository Receipts (ADRs), India's second-largest IT services company, after the shares of the company surged more than 56 per cent during the intraday trading session. The shares of Wipro ADRs, meanwhile, jumped over 7 per cent to hit $3.07 on the NYSE. The ADRs peaked to a 52-week high of $30, according to Bloomberg data. Brokers flagged the unusual spike that led to the trading being halted temporarily, a Reuters report said. Infosys ADRs extended their winning streak for a third consecutive day, driven by Accenture’s strong Q1 fiscal 2026 ***** rally intensified after Accenture surpassed Wall Street revenue expectations, buoyed by high demand for AI-integrated IT services.