Given that the credit-to-deposit (CD) ratio for the banking system is expected to continue firming up, overall gross bond issuances is expected to create an all time high of Rs. 1.3-1.4 lakh crore by the end of the current fiscal year, domestic rating agency ICRA has estimated.
A total of 8,759 shares changed hands on the counter till 01:39PM (IST).
A total of 7,695 shares changed hands on the counter till time (IST).
The stock quoted a 52-week high price of Rs 3136.8 and a 52-week low of Rs 2023.15.
The first buyback of Infosys was announced on 16 Aug 2017. The stock gave negative returns of 8.40% a week after the buyback was announced. In 2019, the stock was higher by 8.4% a week after the announcement while 2021 left it with a loss of 3.3% after a week.
“It is not only about the Russians destroying Ukraine, everybody’s getting destroyed. The trigger point is going to be this November midterm election and I can promise you that if the Republicans win the Senate and the Congress, you will see a mother of a rally before the year-end. â€
The sharp reversal in mood also put the STOXX 600 on pace for a weekly gain, erasing losses it suffered till Thursday's session on worries about a potential recession from central banks' aggressive monetary tightening actions.
A total of 17,235 shares changed hands on the counter till 01:09PM (IST).
