Infosys is trading at $11.38 (+4.04%) in pre-market sessions, gaining momentum after peer TCS posted better-than-expected Q1 results.
- The positive read-through from the TCS earnings beat has sparked a rally across the IT services sector.
- Broader tech sentiment remains supportive, with investors continuing to favor IT stocks despite fluctuations in Nasdaq futures.
- The move appears driven by sector-wide strength as no company-specific announcements were identified for Infosys.