Resilient Q2 show, buyback to offer support to Infy stock in the short term

Infosys reported a 4% sequential jump in CC revenue for the September quarter, which was similar to the peers. However, the reported growth of 2.5% in revenue at $ 4,555 million was better than the 1.4% and 1.9% increase reported by TCS and HCL Tech while being a tad higher than the 2.3% growth reported by Wipro.

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