Infosys is trading at $12.02, up 4.66%, as Indian IT shares advanced on strong quarterly results and raised guidance from peers.

  • On October 15, Reuters reported the IT index gained 2.4%, while HCLTech and TCS each added about 3%.
  • Sector coverage tied the broader rally to improved sentiment after HCLTech’s earnings and guidance, rather than a new Infosys-specific catalyst. Infosys’s Q2 results were scheduled for October 23, not October 15.