Strong investor buying pushed Infosys’ US-listed shares sharply higher, triggering volatility controls.
Infosys ADR recorded a sharp rally on Thursday, surging nearly 39 per cent to touch a new 52-week high in US trading. The sudden spike in the stock led to a brief trading halt due to volatility controls, reflecting heightened investor interest in the IT major.
The American Depository Receipts (ADR) of Infosys climbed to around $23.28, marking their highest level in the past year. The move came amid heavy volumes and broader optimism around technology stocks, particularly those with strong global exposure.
Market data showed that the stock’s rapid rise triggered automatic safeguards designed to curb extreme price movements. Trading resumed shortly after the halt, with Infosys ADR continuing to outperform the broader market.
The rally in Infosys ADR also stood out against major US indices, which posted comparatively modest gains during the session. Analysts attributed the strong momentum to sustained institutional interest and renewed confidence in Indian IT companies operating in global markets.
Infosys’ US-listed shares often act as a key indicator of overseas investor sentiment toward Indian technology firms. Movements in ADRs are closely tracked, as they can influence domestic market trends when Indian exchanges open.
Meanwhile, Infosys shares have been in focus across global markets, supported by expectations of stable demand from international clients and a resilient outlook for technology spending.
Infosys Ltd is one of India’s leading information technology services companies, offering consulting, technology, and outsourcing solutions to clients worldwide. Headquartered in Bengaluru, the company has a significant presence in the US market, where its ADRs are actively traded.
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