Infosys share price in focus as ADR jumps over 8% after Q1 results beat estimates

Infosys share price in focus as ADR jumps over 8% after Q1 results beat estimates

Infosys share price is expected to rise on Friday after its US-listed shares witnessed a sharp rally overnight after the announcement of its Q1 results. Infosys American depository receipts (ADRs) rallied over 8% on the New York Stock Exchange (NYSE) Thursday after the IT services major beat its revenue estimates for the first quarter of … Read more

Infosys shares have highest weight in Nifty IT index; TCS positioned second

Infosys shares have highest weight in Nifty IT index; TCS positioned second

IT stocks are in focus as the top Indian software companies, Tata Consultancy Services (TCS), Infosys, Wipro and Persistent Systems, have announced their Q4 results. The Nifty IT index, the benchmark that gauges the performance of IT stocks, has failed to give any return in the year 2024 so far. The Nifty IT index has … Read more