Nilekani's return may revive some confidence on Infosys counter - News Summed Up

Nilekani's return may revive some confidence on Infosys counter


They closed 2% higher at Rs 912.50 on Friday.Nilekani's re-entry will fuel some revival in sentiments, experts reckoned. "Nilekani's return was much needed and could inspire some confidence among stakeholders. “The new MD & CEO would hold the key to drive growth in new technologies which is necessary for Infosys to get back to industry growth rate. Investors should sell the stock on bounces," said Nagraj Shetti, technical research analyst, HDFC Securities. Infosys had touched its 52week low of Rs 861.5 on August 22.


Source: Economic Times August 28, 2017 02:26 UTC



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