The shares of Infosys have seen a sharp surge recently, jumping nearly 6% on Tuesday to hit a near-six-week high of Rs 1,279 apiece on the NSE. After a 10% rally in three days, analysts highlighted a better technical structure following a recent sharp correction.
Infosys shares joined their IT peers in the bull run even as broader markets remained volatile. Nifty IT index gained over 4% while the broader Nifty 50 index was up only 0.5% on Tuesday afternoon.