Wall Street indices surged, boosting Infosys and Wipro ADRs. Dow, S&P 500, and Nasdaq also saw gains. Crude oil prices fell, easing global market concerns. Indian IT stocks led a domestic market rally, reversing a losing streak. Sensex and Nifty closed higher. Markets are cautiously optimistic despite ongoing Israel-Iran tensions, hoping for oil price stabilization after recent escalations.
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» Infosys, Wipro ADRs surge up to 3% as Wall Street major indices discount Israel-Iran tensions
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