Infosys Guidance Sparks IT Sector Rally; Analysts See Signs Of Stability

Infosys’ guidance upgrade helped lift sentiment across IT stocks, with the sector witnessing renewed buying interest. Prashanth Tapse, Senior VP – Research Analyst at Mehta Equities, said Infosys’ margin improvement, deal wins and outlook commentary have provided comfort to investors, suggesting that the worst phase of underperformance may already be priced in, even as stock-specific opportunities continue to emerge within the IT space.