Infosys Rises 1.31% on IT Sector Rally Despite Trading Volume Ranking 408th

, , , ranking 408th in market activity. The stock contributed to a broader rally in India’s IT sector, driven by speculation around its potential share buyback plan and shifting investor sentiment toward U.S. monetary policy.

, with Infosys among the top performers after announcing a possible buyback review on September 11. Analysts noted that IT firms, which account for a significant portion of the Nifty 50’s gains, have seen renewed interest amid expectations of U.S. rate cuts. A weaker rupee and reduced uncertainty about American demand further supported the sector’s rebound, .

Global equity markets also reacted to softer-than-expected U.S. job data, boosting bets on easing. While Infosys’s trading volume dipped sharply, its price action reflected broader macroeconomic optimism. Market participants highlighted that lower rates could stimulate technology spending in the U.S., a critical revenue driver for Indian IT firms.

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