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Infosys, Wipro ADRs fall nearly 3% after TCS earnings, US crackdown on H-1B-linked green card programme

Infosys and Wipro ADRs fell nearly 3% in US trading as investors assessed TCS’s quarterly results and fresh US immigration restrictions. Concerns over technology spending, AI disruption and tighter employment-based immigration added pressure to Indian IT stocks.

Infosys and Wipro ADRs fell nearly 3% in US trading as investors assessed TCS’s quarterly results and fresh US immigration restrictions. Concerns over technology spending, AI disruption and tighter employment-based immigration added pressure to Indian IT stocks.
ORIGINAL SOURCE

Economic Times

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