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Infosys, Wipro ADRs drop 2-4% after Accenture cuts FY24 revenue guidance

[ad_1] American Depository Receipt (ADR) shares of India’s top information technology (IT) majors Infosys and Wipro traded lower on Wall Street on March 21 after Accenture slashed revenue growth guidance for FY24 amid uncertain economic environment that prompts clients to reduce spending on consulting services.  At 11:59 am Eastern Time (ET), Wipro ADR was trading two per cent lower on the New York Stock Exchange (NYSE) at $5.86 while…

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