Infosys : There is little time left for the stock market to open. So hold your breath. Believe me, today is the day of IT companies. The shares of Infosys and Wipro, which created a stir in the US markets a day ago, are preparing to do wonders in the Indian stock market today. The roar of Wall Street is also being heard in Dalal Street. Along with the rise in IT shares, their returns will also jump. By the time the market closed on Thursday, the shares of Infosys had risen by 3.58 percent and Wipro's shares by 2.40 percent in the US stock exchange. There is a possibility of them rocketing as soon as the Indian stock market opens on Friday.

ADRs take off with the storm as Accenture reports

As soon as Accenture's first quarter report came out, Infosys and Wipro's ADRs soared like a storm in the New York Stock Exchange. ADR i.e. American Depositary Receipt is a tool for foreign and multinational companies to work in the American stock markets. It is like a regular share of American companies. It is like a special certificate given by the US Bank. Global IT giant Accenture has expressed the possibility of a jump in its profits due to generative AI services in its first quarter report. This IT company has also claimed to increase its AI workforce from 69 thousand to 80 thousand by 2026. Due to this claim, there is hope of improvement in the fortunes of other IT companies as well.

Good reputation in Indian markets

Both Infosys and Wipro have a good reputation in the Indian markets. Both of them have been considered as the IT giants of India. The stock market has always had expectations from them due to their strong IT services. Investors have been getting rich. With the opening of the stock market on Friday, such hopes have been raised again.