If Infosys stock prices from the 1,400 odd level falls 15-20%, then irrespective of whatever the news flow is, you buy because it is built inthe worst negative news. That is how we have to play these large IT stocks.
Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore. Infosys is the 2nd-largest Indian IT company, after Tata Consultancy Services, by 2020 revenue figures, and the 602nd largest public company in the world, according to the Forbes Global 2000 ranking.
On 24 August 2021, Infosys became the fourth Indian company to reach $100 billion in market capitalization.