Infosys shares: Buyback worth Rs 18,000 crore opens tomorrow; check entitlement ratio, eligibility and target price

Infosys plans to repurchase 10 crore fully paid-up equity shares of face value Rs 5 each, representing up to 2.41 per cent of its total paid-up equity share capital. The buyback price has been set at Rs 1,800 per share. Infosys Ltd‘s Rs 18,000 crore share buyback programme will open for subscription on Thursday (November…

Taking Stock: Market falls amid geopolitical tension; IT helps Nifty to close above 24,000

Market Today Bears tightened their grip on Dalal Street as the Indian benchmark indices shed more than 0.5 percent as investors remained concerned over India’s response to the terror attack and its consequences. Market started the May series on a positive note with Nifty rising to day’s high of 24,365.45 in the initial hours but…

Technical View: Monday’s low could get tested again if Nifty decisively falls below 22,000, India VIX hits 10-month high

The India VIX, which measures market volatility, spiked 65.7 percent to 22.79, the highest level since June 4, 2024, creating significant discomfort for bulls.   Bears maintained their tight control over the market despite a recovery from the day’s low, driving the benchmark index, Nifty 50, down by over 3 percent on April 7. Selling…