Besides global cues, market participants would also keep a close watch on rupee-dollar trend, oil prices and investment pattern by overseas investors.
Robust deal pipeline, margin gain hopes have helped it to bridge the valuation gap with TCS
As many as 17 Indian firms, including Infosys, TCS and HDFC, have been named in the list of World's Best Regarded Companies compiled by Forbes
Firm revealed this new strategy in Arizona, where the company opened its sixth tech and innovation centre
Infosys plans to continue hiring locals in the coming quarters
Arizona Technology and Innovation Centre has a special focus on autonomous technologies, Internet of Things (IoT), full-stack engineering, data science and cybersecurity, Infosys said in a statement
Ministry was considering a whitepaper that would form the basis for a wider consultation on non-personal data
For Infosys, keep a stop at 828 and go long. Add to the position between 842-845. Book profits at 846.
The stock has absorbed all the selling pressure in the range of Rs 760 - Rs 770 and is ready for a fresh upside. Although it witnessed mild selling above Rs 800, the overall trends still looks bullish
Shares of Infosys closed the session down 2.23 per cent at Rs 785 on Tuesday
In January, Infosys had announced that it would buy back shares of the company for an amount aggregating up to Rs 8,260 crore (maximum buyback size) at a price not exceeding Rs 800 per equity share
The company in January had announced that it would buy back shares of the company for an amount aggregating up to Rs 8,260 crore (maximum buyback size) at a price not exceeding Rs 800 per equity share
Murthy said patriotism implies working for the country, putting its interests ahead of one's personal interests
According to the report, apart from sound revenue conversion, overall deal pipeline improved on aggregate basis and pricing environment for legacy services also remained stable
Infosys said it would enable remote monitoring and diagnostic capabilities including vehicle access control, system maintenance, condition sensing and location tracking
Analysts say that the challenging phase for the IT sector might now be over; companies could grow on a quarter-on-quarter basis
Indian IT services firms such as TCS and Infosys have announced a record number of deal closures in the past couple of quarters
The stock surpassed its previous high of Rs 799 touched on July 18
Infosys on Friday reported a 5.26 per cent year-on-year (YoY) rise in net profit at Rs 3,802 crore while it dropped 6.8 per cent sequentially.
This is a departure from the earlier strategy, when innovations were used to strengthen its products and platforms