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Infosys share soars 4% today! What’s driving the stock price after major IT stocks selloff

Infosys share soars 4% today! What’s driving the stock price after major IT stocks selloff

Infosys share soars 4% today! What's driving the stock price after major IT stocks selloff

Infosys shares inched higher on Tuesday after the IT giant announced collaborating with Anthropic to develop enterprise-focused artificial intelligence solutions. The stock gained more than 4% during the session, touching a day’s high of Rs 1,430 on the BSE. At 1:24 pm, Infosys was trading at 1,417 on the NSE, up 51 points or 3.77%. On the Bombay Stock Exchange, the share was up 3.70% or 50 points to 1,416. The newly announced alliance is designed to build and deliver advanced AI solutions for enterprises operating in telecommunications, financial services, manufacturing and software development, according to ET. The first phase of the partnership will concentrate on the telecommunications industry, where a dedicated Anthropic…

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