Infosys Share Price Today Live Updates: On the last day of trading, Infosys opened at ₹1885.05, closed at ₹1878.75, with a high of ₹1903 and a low of ₹1864.15. The market capitalization was ₹775,465.84 crore. The 52-week high was ₹1883 and the 52-week low was ₹1316.82. The BSE volume for Infosys was 82,954 shares traded.
The volume of Infosys traded up to 11 AM is down by 43.87% compared to yesterday, while the price is currently at ₹1869.8, reflecting a decrease of 0.13%. Volume traded, in conjunction with price, is a key factor in analyzing trends. A rise in price accompanied by higher volume indicates a lasting upward trend, whereas a drop in price with increased volume could signal a continued decline in prices.
The stock price has been moving between 1873.3 and 1864.9 levels in the last hour. Traders could consider rangebound trading strategies, such as buying near the hourly support at 1864.9 and selling near the hourly resistance at 1873.3.
Today, Infosys’ stock price dropped by 0.12% to reach ₹1870, while its peer companies are experiencing mixed results. Tata Consultancy Services, HCL Technologies, and LTI Mindtree are declining, whereas Tech Mahindra, another peer, is seeing an increase. In general, the benchmark indices Nifty and Sensex are up by 0.33% and 0.36%, respectively.
The analyst recommendation trend shows a current rating of Buy for Infosys. The median price target is ₹1870.0, 0.12% lower than the current market price. The lowest target price among analyst estimates is ₹1260.0, and the highest target price is ₹2140.0. These target price estimates are for the next 1 year.
The volume of Infosys traded by 10 AM is 43.91% lower than yesterday, while the price is trading at ₹1870, a decrease of 0.12%. Volume traded is a key indicator, along with price, for analyzing trends. A positive price movement with higher volume indicates a sustainable uptrend, while a negative price movement with higher volume could suggest further price declines.
A decrease in futures price and an increase in open interest for Infosys indicate a potential for negative price movement in the near future. Traders are advised to maintain their short positions.
The share price of Infosys has increased by 0.25% and is currently trading at ₹1876.95. Over the past year, Infosys shares have surged by 40.37% to reach ₹1876.95. In contrast, the Nifty index has risen by 25.73% during the same one-year period.
The key support and resistance levels for Infosys on the daily timeframe are ₹1855.6 and ₹1894.6, respectively. The consensus analyst rating remains Buy, with a median price target of ₹1870.0. Yesterday’s trading volume was 50.94% lower than the 20-day average, with NSE volume at 4 mn and BSE volume at 82 k.
Infosys closed at ₹1878.75 on the last trading day, with a technical trend suggesting a bullish near-term outlook. The stock traded in the range of ₹1903 and ₹1864.15 yesterday to end at ₹1872.3. The stock is currently experiencing a strong bullish trend.
