Infy ADR up more than 30% - What's happening?

At its peak, It was almost more than 60% up

Never seen such movement in large cap ADRs like this. What do you think is happening?

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yes , gift nifty went up 300 points up , then up 100 points currently , anybody knows any news

all IT stock are up in ADR 10 % above , any news

Trade deal complete?

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Someone knows future. 20th Dec!

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AI slop.

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Infosys ADR spiked on spillover optimism from Accenture’s strong AI-demand commentary, amplified by thin ADR liquidity and volatility halts not because of any Infosys-specific news. - ChatGPT

Interesting article. Provides an alternative theory to the share recall by a share lender leading to the short squeeze.

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