Sep. 8 at 2:17 PM
$NIFTY100.NSE
$INFY.NSE
$INFY.NSE ₹1,432.65 (−0.81%) | Infosys Board will consider a share buyback proposal on Sept 11, 2025.
Why a buyback?
1) Return excess cash to shareholders
2) Boost EPS by reducing outstanding shares
3) Strong cash flow = management confidence
Near-term levels:
Support: ₹1,430–₹1,421 immediate, with deeper support near ₹1,410–₹1,392
Resistance: ₹1,450–₹1,467 short term, and ₹1,481–₹1,490 if momentum sustains
Market angle:
A buyback nod usually sparks positive sentiment and can push the stock toward resistance zones in the near term. But actual impact depends on buyback size, method (tender vs. open market), and overall IT sector sentiment.
All eyes on Sept 11 for clarity on quantum, record date & execution.
Do you think this buyback could help
$INFY break above ₹1,450 or stall below resistance?
$TCS.NSE
$NIFTYIT #breakingNews #news #stockupdate
$NIFTY50.NSE
Bullish