Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would recommend an exit Infosys even at the current levels. I see the stock go below Rs 800 levels over the next few days or possibly weeks. So in that sense, it does not make sense. There is definitely another 10-15 percent downside."
At 14:56 hrs Infosys was quoting at Rs 894.60, up Rs 17.45, or 1.99 percent on the BSE.
The share touched its 52-week high Rs 1,080.70 and 52-week low Rs 861.50 on 14 October, 2016 and 22 August, 2017, respectively.
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