During the week, the BSE benchmark index slipped 338.3 points, or 0.39 per cent. Despite the decline, several heavyweight stocks saw an increase in their valuations. Tata Consultancy Services saw its market value surge by Rs 22,594.96 crore, taking its total valuation to Rs 11,87,673.41 crore. Infosys followed with an increase of Rs 16,971.64 crore, pushing its market capitalisation to Rs 6,81,192.22 crore. State Bank of India added Rs 15,922.81 crore to reach a valuation of Rs 9,04,738.98 crore, while Re ...

Representative imageThe sudden surge pushed the American Depositary Receipts (ADRs) to a 52-week high of $30 and forced the New York Stock Exchange to halt trading due to extreme volatility, according to ET. The sharp move took place during a low-liquidity holiday session and was not linked to any new announcement from the company.Why did the rally raise eyebrows?The speed and scale of the rise caught traders off guard because there was no obvious trigger. Analysts pointed out that such extreme swings are u ...

"The "mystery" behind the move appears to be rooted in a bizarre technical glitch involving ticker mapping. In the days leading up to the surge, several prominent financial data providers—including Zacks Investment Research and MarketBeat—began erroneously identifying the "INFY" ticker as "American Noble Gas Inc." in their automated reports," it said in a report."While the financial metrics and news headlines attached to the ticker still referenced Infosys’s massive AI investments and $75 billion market ca ...

The Short squeeze fears resurfaceOne explanation widely cited in the market was a short squeeze. Such moves occur when a stock price rises sharply over a short period, forcing investors who had bet against the shares to buy them back at higher prices to limit losses. That urgent buying adds to demand, pushing prices higher and triggering further short covering in a self-reinforcing cycle.Traders cited by Moneycontrol said that a major lender had recalled 45–50 million Live EventsA technical glitch adds fue ...

"The Company has observed volatility in the price of its American Depositary Receipt (“ADR”) on the New York Stock Exchange (“NYSE”) on December 19, 2025, which resulted in two Volatility Trading Pauses (“Limit Up-Limit Down”/“LULD”) being triggered by NYSE. In this regard, the Company hereby clarifies that there are no material events that require disclosure under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015," the exchange filing said.The Infosys ADRs hit a fresh 52-week hi ...

Infosys ADR (American Depository Receipt) jumped nearly 40 per cent in early trade on Friday, surprising investors and market participants. The immediate trigger is not known. The trading was halted on the NYSE after the stock hit $26.62, up $7.44 or 38.79 per cent on the NYSE. However, at Nasdaq, the stock after hitting $30, corrected sharply to rule at $22, still up over 15 per cent.The underlying Infosys stock on the NSE on Friday closed at ₹1,638.70, up 0.7 per cent. In fact, all major IT companies, TCS ...

Accenture stock price has had a difficult year as concerns about its business continued. After initially soaring to a high of $392 in January, the ACN stock dropped to the current $270. ...

Accenture has announced first quarter (Q1) revenues of $18.74bn for fiscal year 2026 (FY26), up from $17.6bn in the same period a year earlier. The reported increase represents a 6% rise in US dollars and a 5% rise in local currency. This puts revenue at the upper end of the company’s guidance range of $18.1bn–18.75bn. Net income on a Generally Accepted Accounting Practice (GAAP) basis reached $2.24bn for the quarter, compared with $2.32bn in Q1 FY25. Adjusted net income for the period came to $2.49bn. ...

Aviva has increased the scope of its policy administration services contract with Tata Consultancy Services (TCS), bringing the total number of policies managed to more than 6.5 million in the UK. TCS subsidiary Diligenta will administer an additional 1.1 million life insurance policies under this expanded arrangement. This move allows Aviva to apply a consistent customer experience across its portfolio by adopting an enterprise-wide digitisation model that supports new consumer duty principles. These ...

南财智讯12月19日电，佳都科技公告，公司拟将"数字孪生核心技术及开放平台研发项目"（计划投入金 额48,564.63万元）、"新一代轨道交通数字化系统研发及产业化项目"（计划投入金额42,889.87万 元）、"面向车路协同的新一代交通数字化系统研发及产业化项目"（计划投入金额20,162.15万元）以 及"全国销售与服务体系升级建设项目"（计划投入金额15,371.98万元）达到预定可使用状态时间延长至 2027年12月31日，资金来源为非公开发行股票募集资金。延期主要因市场环境变化、技术升级迭代、行 业标准更新及项目进展不及预期所致。本次延期不改变项目投资总额、实施主体及用途，不会对公司财 务状况、主营业务和整体募资安排产生重大不利影响，亦不存在变相改变募集资金投向或损害股东利益 的情形。 ...