The share price of Infosys has jumped over 4% intra-day. Following this, the company emerged as the top gainer on the Nifty in today’s session so far. .

In addition to this, the surge in this IT giant share price also helped the Nifty IT index gain over 2% in early trade, with the sector outperforming others.

Let’s take a look at the key reasons fuelling the rally –

Infosys promoters opt out of buyback

Infosys promoters, including co-founders N.R. Narayana Murthy, Nandan Nilekani, and Sudha Murty, have decided not to participate in the company’s Rs 18,000 crore share buyback.

Moreover, the promoter group collectively holds 13.05% of the company’s equity.

The buyback which was approved by the board on September 11, 2025, involves repurchasing 10 crore fully paid-up shares at Rs 1

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