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The company also confirmed that its promoter and promoter group have expressed their intention not to participate in the buyback. The move signals confidence in the company's prospects and improves the buyback entitlement ratio for small investors.
As on September 2025, the promoters collectively held 14.30% of the company's equity.
The buyback will commence following shareholder approval and regulatory clearances.
Infosys is a global leader in next-generation digital services and consulting.
The company reported 6.4% rise in consolidated net profit to Rs 7,364 crore on a 5.2% increase in revenue to Rs 44,490 crore in Q2 FY25 over Q1 FY25. On a year-on-year basis, the company's net profit and revenues have grown by 13.2% and 8.6%, respectively.
For FY26, the company has raised its revenue growth guidance to 2-3% in constant currency (CC), up from the earlier range of 1-3%. The operating margin forecast remains unchanged at 20%-22%.
Silver Touch Technologies Ltd gained 5.07% today to trade at Rs 748.95. The BSE Information Technology index is up 1.6% to quote at 35117.35. The index is up 1 % over last one month. Among the other constituents of the index, Birlasoft Ltd increased 3.08% and Infosys Ltd added 2.83% on the day. The BSE Information Technology index went down 16.78 % over last one year compared to the 6.33% surge in benchmark SENSEX.
Silver Touch Technologies Ltd has added 3.4% over last one month compared to 1% gain in BSE Information Technology index and 3.72% rise in the SENSEX. On the BSE, 2 shares were traded in the counter so far compared with average daily volumes of 1025 shares in the past one month. The stock hit a record high of Rs 879.85 on 16 May 2025. The stock hit a 52-week low of Rs 621 on 06 Mar 2025.
Barring Oil & Gas all the sectoral indices on the NSE were traded in green with IT, private bank and PSU Bank shares leading the rally.
At 14:25 ST, the barometer index, the S&P BSE Sensex rallied 668.14 points or 0.79% to 85,094.48. The Nifty 50 index rose 181.50 points or 0.70% to 26,050.40.
In the broader market, the S&P BSE Mid-Cap index advanced 0.32% and the S&P BSE Small-Cap index fell 0.06%.
The market breadth was negative. On the BSE, 2,032 shares rose and 2,078 shares fell. A total of 172 shares were unchanged.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, was rose 4.33% to 11.79.
Gainers & Losers:
Infosys (up 4.79%), HCL Technologies (up 3.82%), Tata Consultancy Services (TCS) (up 2.80%), Shriram Finance (up 2.73%) and Tech Mahindra (up 2.18%) were the major Nifty50 gainers.
Eternal (down 2.37%), Bharti Airtel (down 1.22%), Interglobe Aviation (Indigo) (down 1.20%), Eicher Motors (down 1.19%) and Adani Ports & Special Economic Zone (APSEZ) (down 0.78%) were the major Nifty50 losers.
Infosys rallied 4.79% after the IT major said it has filed a draft letter of offer with the U.S. Securities and Exchange Commission (SEC) for its proposed Rs 18,000 crore share buyback. The IT major aims to buy back 10 crore shares at an average price of Rs 1,800 per share, representing up to 2.41% of the company’s paid-up equity capital. This is the largest and the fifth buyback by the company in the last decade. The company also confirmed that its promoter and promoter group have expressed their intention not to participate in the buyback.
Economy:
The infrastructure output in India rose 3% from the previous year in September of 2025, slowing from the upwardly revised 6.5% increase in August, which was the sharpest pace of growth in over one year.
Production fell for coal, crude oil, natural gas, and refinery products, as the US continued to pressure India to halt the intake of Russian crude energy commodities, which pressured domestic consumption and export demand for refineries and processers.
In turn, electric power output also slowed. Still, construction inputs were more robust, with cement output holding loosely unchanged and steel production accelerating.
Stocks in Spotlight:
Tata Teleservices (Maharashtra) declined 1.52% after the company reported net loss of Rs 320.82 crore in Q2 FY26 compared with loss of Rs 330.39 crore posted in corresponding quarter last year. Revenue from operations fell 16.7% YoY to Rs 286.13 crore during the quarter ended 30th September 2025.
Epack Prefab Technologies surged 16.63% after the company’s consolidated net profit surged 104.2% to Rs 29.47 crore on 61.9% increase in net sales to Rs 433.94 crore in Q2 FY26 over Q2 FY25.
Gulshan Polyols surged 8.60% after the company secured an order worth Rs 1,185 crore to supply ethanol to oil marketing companies under the Ethanol Blended Petrol Programme (EBPP). The company will supply 1,75,652 Kiloliters of ethanol to Bharat Petroleum Corporation (BPCL), Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation (HPCL) and Mangalore Refinery And Petrochemicals (MRPL).
Zaggle Prepaid Ocean Services announced that it has entered into an agreement with Megha City Gas Distribution. Under the agreement, Zaggle will provide its Fleet Program to Megha City Gas Distribution. The contract is set to be executed over a period of five years.
Global Markets:
Most European markets advanced as investors prepared for earnings reports that could provide clues on business activity and confidence in the region.
Asia-Pacific markets declined on Thursday, mirroring losses on Wall Street as renewed concerns over U.S.-China trade tensions weighed on sentiment.
Trade fears resurfaced after reports on Wednesday suggested that the Trump administration is considering new export restrictions on products made with U.S. software and technology destined for China.
According to a U.S. official and three individuals briefed by authorities, the potential measures could cover a broad range of goods — from laptops to jet engines — though the plan remains under discussion and may not ultimately be implemented.
U.S. equity futures edged lower in early Asian trading after all three major U.S. benchmarks fell overnight, pressured by disappointing earnings from companies such as Texas Instruments and Netflix.
The Dow Jones Industrial Average slipped 334.33 points (0.71%) to 46,590.41, while the S&P 500 declined 0.53% to 6,699.40. The Nasdaq Composite dropped 0.93% to 22,740.40.
At their session lows, the Dow had fallen over 400 points, and the S&P 500 and Nasdaq were down 1.2% and 1.9%, respectively.
The Nifty IT index rose 2.64% to 36,230.15. Infosys (up 4.40%), HCL Technologies (up 3.19%), TCS (up 2.41%), Mphasis (up 2.20%), Wipro (up 1.74%), LTIMindtree (up 1.47%), Tech Mahindra (up 1.26%), Persistent Systems (up 1.21%), and Coforge (up 1.10%) surged.
Infosys jumped after its promoters decided not to participate in the Rs 18,000 crore share buyback. The move signals confidence in the company’s prospects and improves the buyback entitlement ratio for small investors.
Reports said India and the US are in advanced talks to reduce tariffs on Indian exports to 15-16% from 50%. The IT sector, which earns a large share of its revenue from the US, could gain significantly from the deal.
Meanwhile, the US is reportedly considering curbs on software exports to China, which may benefit Indian IT companies as alternative suppliers.
The rally was also supported by global cues. Investors expect another US Fed rate cut in December, which could lift discretionary spending and technology demand.
Analysts said optimism is returning to the Indian IT space, with hopes of stronger growth in the second half of FY26.
Infosys Ltd rose for a third straight session today. The stock is quoting at Rs 1542, up 4.73% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.81% on the day, quoting at 26078.15. The Sensex is at 85221.98, up 0.94%. Infosys Ltd has added around 3.17% in last one month.
Meanwhile, Nifty IT index of which Infosys Ltd is a constituent, has added around 4.03% in last one month and is currently quoting at 35299.75, up 3.13% on the day. The volume in the stock stood at 137.03 lakh shares today, compared to the daily average of 69.45 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 1525, up 5.13% on the day. Infosys Ltd is down 17.25% in last one year as compared to a 6.88% gain in NIFTY and a 13.61% gain in the Nifty IT index.
The PE of the stock is 22.8 based on TTM earnings ending September 25.
In the cash market, the Nifty 50 index rose 22.80 points or 0.09% to 25,891.40.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 3.85% to 11.73.
Tata Consultancy Services, Infosys and Axis Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The October 2025 F&O contracts will expire on 28 October 2025.
In the cash market, the Nifty 50 soared 261.75 points or 1.03% to 25,585.30.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 3.18% to 10.87.
Eternal, Axis Bank and Infosys were the top-traded individual stock futures contracts in the F&O segment of the NSE.