Infosys Shares Surge on Buyback Proposal

Infosys jumped over 4% on September 9 after announcing a September 11 board meeting to consider a share buyback, its first since 2022. The stock hit ₹1,494, lifting Nifty IT by 2%. Despite a 21% fall in 2025, strong Q1 results and revised FY26 growth outlook boosted sentiment.