Infosys Stock News

Infosys board will also approve and take on record the audited consolidated and standalone financial results of the company for the quarter and year ending March 31, 2022

Infosys and Tech Mahindra remain Jefferies'' top stock picks in the Indian IT sector, given their strong growth outlook

Among Nifty IT components, Coforge fell the most, down over 2 percent, while Larsen & Toubro Infotech Ltd, L&T Technology Services Ltd, MindTree, Infosys, TechMahindra fell between 1-2 percent.

“Infosys and HCL Tech among the largecaps and also some good midcap IT names can be considered. From simple certifications, the contracts are moving towards transformation, partnering companies for change in outcome. That is keeping some of these names interesting despite all the wage and supply side issues. So maybe MindTree, KPIT, L&T Infotech in the midcap basket can also be considered.”

Brokerage Radar: Nomura says ''buy'' Tech Mahindra shares while Credit Suisse continues to prefer large private banks. Here are the top brokerage calls for this morning:

Infosys topped the Sensex gainers'' chart in Monday''s session, spurting 3.76%, while HDFC Bank climbed 3.25% after the RBI on Saturday lifted all restrictions on the private sector lender

On the Sensex chart, Infosys, HDFC Bank, SBI, Maruti Suzuki, Axis Bank and ICICI Bank were the top performers, gaining as much as 3.76 percent.

CLOSING BELL: Sensex extends gains, rises 936 points; Nifty tops 16,800; Paytm plunges 12%, Jubilant Food 14%; Metal, realty worst sectoral losers, auto rebounds

Hoth Therapeutics, Inc. (NASDAQ:HOTH) with the stream of -23.43% also noticed, India Infosys Limited (NYSE:INFY) encountered a rapid change of 0.71% in the last hour of Friday’s trading session. Hoth … The post Stock’s Volume Buzz: Hoth Therapeutics, Inc. (NASDAQ:HOTH), Infosys Limited (NYSE:INFY) appeared first on Stocks Equity .

At 11:49 am, the Sensex was up as much as 421 points at 56,078 and Nifty 50 advanced 121 points or 0.73 per cent at 16,752.

Indian share markets trade higher with the BSE Sensex up by 234 points, while the Nifty is trading higher by 42 points.

Infosys, HDFC Bank, Tech Mahindra were the top gainers

Mumbai, March 14 Benchmark indices Sensex and Nifty surged higher in the opening trade on Monday, helped by heavy buying in IT counters amid a mixed trend in Asian markets. Rising for the fifth straight session, the BSE benchmark Sensex jumped 309.91 points to 55,860.21. Similarly, the broader NSE Nifty also climbed 72.1 points to 16,702.55. In the 30-share Sensex pack, Infosys, HDFC Bank, Tech Mahindra, Wipro and State Bank of India were the major gainers. In contrast, Hindustan Unilever Limited, Mahindra amp; Mahindra, Bajaj Finance and Dr Reddy''s Laboratories were among the laggards. On Friday, the 30-share BSE Sensex had settled 85.91 points or 0.15 per cent higher at 55,550.30. The broader NSE Nifty gained 35.55 points or 0.21 per cent to close at 16,630.45. Bourses in Hong Kong and Shanghai were quoting lower, while Tokyo was trading higher during the mid-session deals. Stock exchanges in the US settled lower on Friday. Meanwhile, international oil benchmark Brent crude dipped 2.

Mutual fund managers flush with cash, thanks to strong inflows into equity products for the twelfth month in a row, lapped up beaten-down blue chips amid the 4.4% decline in the Sensex in February. They bought shares like RIL, Infosys and HDFC while cutting exposure to TCS, metals and some new-age businesses. In the mid- and small-cap categories, some fund managers took bets on the reopening trade, as the economy limps back to normalcy. In the re-opening trade theme, managers focused largely on consumer cos including United Spirits, Metro Brands, Jubilant Foodworks, Westlife Development, and Barbeque-Nation. 90191601

Reliance Industries (RIL), Tata Consultancy Services (TCS), and Infosys emerged as the biggest winners, while ICICI Bank was the top laggard in the pack..From March 04, till the last trading session of last week, benchmark Sensex skyrocketed by 1,216.49 or 2.23%.