New Delhi, Sept. 20 -- The Indian IT major recently announced a buyback of shares worth Rs.18,000 crore, which triggered fresh buying of Infosys shares. Infosys' share buyback was announced on Thursday last week, and over the previous six sessions, Infosys' share price has surged from Rs.1,509.70 apiece to Rs.1,543.90 on the NSE, logging around 2.50 per cent. Buying in Infosys shares continues despite strong selling on Friday last week, as retail investors are looking forward to participating in the Infosys buyback announced at a substantial premium. However, the million-dollar question that needs to be answered is whether the fresh buyers can only join Infosys' buyback and their tendered stocks will be accepted, or is it a ploy to fuel I...
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