Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "IT sector has corrected and we have all seen that correction and we were all saying, avoid it, that correction now seems to be coming to an end. So certainly this is a very good time to go long in the five IT majors. Today is a good day."
At 10:50 hrs Infosys was quoting at Rs 3,297, up Rs 32.05, or 0.98 percent. It has touched an intraday high of Rs 3,310.55 and an intraday low of Rs 3,275. The share touched its 52-week high Rs 3,372 and 52-week low Rs 2,249 on 24 October, 2013 and 29 April, 2013, respectively. Currently, it is trading 2.22 percent below its 52-week high and 46.6 percent above its 52-week low. Market capitalisation stands at Rs 189,325.66 crore.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!