Indian stock indices edged higher as Infosys revealed plans to consider a share buyback on September 11, boosting the IT sector by over 2%, with Infosys itself surging more than 4%. Positive sentiment was further spurred by expectations of a U.S. interest rate cut and the recent GST tax cuts, which are expected to buoy overall investor confidence.
This upbeat market mood highlights how policy decisions and global monetary cues continue to shape equity dynamics. As inflation moderates and liquidity remains supportive, sectors like IT—with strong export revenue potential—are likely to shine in the near term.
