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Why ADRs are prone to sudden price spikes? Feroze Azeez explains

Infosys American Depository Receipts saw a significant intraday surge. Experts attribute this spike primarily to derivative strategies and options trading mechanics. While the stock closed with a modest gain, reflecting underlying fundamentals, the dramatic intraday movement was largely driven by short gamma positions. Investors are advised to focus on end-of-day prices for a clearer picture of stock performance.

Source :- Markets-Economic Times Read More

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