Infosys gains in Nifty surge

Mumbai: The Nifty traded higher after dropping as much as 20 points, while Sensex values started updating after the Bombay Stock Exchange sorted out the technical glitch that prevented prices from being updated in early trade on Wednesday.

Due to a technical snag in the index calculation system in the first few minutes, index calculation did not take place.
Meanwhile, Infosys surged around 6%, helping the broader markets climb after a negative start. Infosys was the top Nifty gainer. Other IT stocks such as Wipro and Tech Mahindra also saw buying interest.

Indian markets have hit successive record highs over the last three sessions and analysts expect markets to take a breather. The Nifty has surged over 250 points in the last four sessions.



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