Provisional: Markets end over 1% higher led by Infosys

Markets ended over 1% higher on Friday, amid firm global cues, led by IT major Infosys

Markets ended over 1% higher on Friday, amid firm global cues, led by Infosys after the IT major upped its lower end of dollar revenue growth guidance for the current fiscal.

The 30-share Sensex ended up 234  points or  1.2% at 20,507 and the 50-share Nifty ended up 71 points or  1.2%  at 6,092.

Infosys, in its September quarter earnings, today said that it expects revenues to grow in the range of 9-10%, up from the previously estimated range of 6-10% this fiscal.

The revised guidance comes on back of improving economic environment in its key market - United States  - and winning of some large deals in the recent past.