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Infosys CEO and Managing Director Salil Parekh speaks during the press conference announcing the company’s quarterly results in Bengaluru, India, January 11, 2024. REUTERS/Stringer

A general view of the Infosys headquarters before the press conference announcing the company’s quarterly results in Bengaluru, India, January 11, 2024. REUTERS/Stringer

A man walks past a logo of Tata Consultancy Services (TCS) before a press conference announcing the company’s quarterly results in Mumbai, India, January 11, 2024. REUTERS/Francis Mascarenhas/File Photo

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12 Jan 2024 11:51AM

BENGALURU : Shares of India’s top IT services providers Tata Consultancy Services and Infosys rose between 3 per cent and 4.5 per cent on Friday after their results indicated a possible end to persisting sluggish demand.

TCS, India’s top IT exporter, and Infosys, both reported larger-than-expected revenue in the third quarter.

Their rise also sent the Nifty IT index up 2.7 per cent.

Source: Reuters

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