Infy rallies on $3bn deal, mcap crosses $70bn

Infosys crossed $70 billion in market capitalisation for the first-time in its 39-year history after its ADR ran up by 5% at Tuesday’s close on the NYSE. At close of trading on Wednesday, Infosys had a market capitalization of Rs 5.3 lakh crore, the fifth largest company by market value in India. On Wednesday, the Infosys ADR was up by 0.5% during the opening hours.

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