Infosys, Wipro ADRs jump ahead of Fed policy
Infosys and Wipro’s American depositary receipts (ADRs) — a special security representing foreign companies on Wall Street — jumped late on Wednesday (local time in India) as investors awaited the outcome of the Fed’s September policy review, due later in the day. The receipts jumped as much as 3.5 per cent. The Federal Reserve is widely expected…