Infosys Q3: Higher growth guidance drives IT stocks

Shares of information technology (IT) companies were in demand  on Friday, with the National Stock Exchange’s (NSE’s) Nifty IT index rallying 3.3 per cent. Photograph: Vivek Prakash/Reuters This came after Infosys reported steady sequential growth, driven by health care boost

Q3 earnings, inflation data to drive markets this week

In an event-heavy week ahead, stock markets are expected to track Q3 corporate earnings from several blue-chip firms, including TCS and Infosys, while inflation data and global trends would also dictate investors’ sentiment, analysts said. Illustration: Dominic Xavier/Rediff Trading activity