New Delhi, Oct. 1 -- The stronger-than-expected performance by global consulting giant Accenture in the fiscal fourth quarter boosted the American Depositary Receipts (ADRs) of Infosys and Wipro, as both recovered sharply from their recent losses.

In pre-market trade on Thursday, 1 October, Infosys ADRs jumped 8% to $11.60, while Wipro ADRs rose 10% to $1.82 on the NYSE. The gains came after both IT companies had been reeling under sustained pressure, falling to levels not seen in the past six years amid multiple challenges.

However, Accenture's strong performance and upbeat outlook for fiscal 2027 offered much-needed relief to investors, with the gains in their US-listed ADRs suggesting that sentiment towards the sector could improve a...