Infosys, Wipro ADR decreases 3% after the accenture has increased the full year’s income forecast

Infosys’ American Depository receipts (ADR) fell 6.6% while Wipro’s people reduced their full-year income to a low of 2.5% on Thursday, where they had a rising end demand for their services to help consumers unite AI-operated equipment in their operations.

The strong demand for large -scale projects, artificial intelligence -leading digital transformations and data security in the cloud migration has helped companies such as exchanges, a Reuters report said that US IT companies have secured many major projects and have other people, telecommunications.

The exchanger results are a sign of widespread trends in the field and are seen as a harbinger of what is next to the domestic IT area. The local earning season will begin in April with the announcement of the Tata Consultancy Services (TCS).

The company now expects that its previous forecast will rise between 4% to 7% annual income between 5% and 7%. According to data compiled by LSEG, analysts expected a revenue growth of 7.7%.

Also Read: Exchange AI Services Forecast full year on demand

ADR is the US There are business securities issued by the bank, which represents shares in a foreign company. They are in the U.S. U.S. to buy and sell foreign stocks on US exchanges using de dollars lare Enables investors.

Despite the positive trends in the main Wall Street indicators, both Infosys and Wipro’s ADR were trading in red. While Dow was trading at 42,167.90, rose by 203.28 points or 0.48%, the S&P at 25.06 points or 0.44% at 5,700.35. The Nasdaq composite moved near the 17,850 level, rising 106.88 points or 0.60%.

The Nifty IT index ended today at 36,676.65, rising 1.25% in the top -performing indicators, which was only behind the Nifty Auto Tone, which was negligible.

Motilal Oswal Financial Services stated in a review note that technol companies have gained growth-year-by-year-year-old growth in their Q3FY25 earnings. IT Services Companies presented a mixed picture in the seasonal weak Q3fy25 quarter, with the average income growth of 1.8% QOQ CC in 2%, 1.2% and 0.7% against 3qfy25 in 2qfy25, 1qfy25 and 4qfy24 respectively.

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