Infosys in limelight

Infosys is doing very well today. Though the stock opened just 2% in the green at Rs.1490.01, but surged over 4.5% post noon at Rs.1528.30 and is currently trading around the same levels. It had a hit a new 52-week high of Rs.1953.70 on 17th Jan’22.

The company announced today afternoon that it has entered into a partnership with French Tennis Federation (FFT) to bring in a new era of technology-driven sports viewing and fan engagement.

Infosys and FFT are kickstarting their five-year extended partnership through a range of 3D, AR, VR and AI powered experiences. Beyond the court, the partnership will also deliver a new STEM1 initiative that leverages tennis as a platform to educate and inspire young people about the impact of science and technology in sport.

The market is super thrilled with this news, plus the overall positive mood on Dalal Street has pushed this stock into the “buyers” list today.