Infosys gains for second straight day in weak market

The stock was up nearly 4% to Rs 1,189 on Wednesday in intra-day trade, extending its Tuesday's 0.6% gain on the BSE.

Infosys was up nearly 4% to Rs 1,189 on Wednesday in intra-day trade, extending its Tuesday’s 0.6% gain on the BSE in otherwise weak market.  The stock trading close to its 52-week high of Rs 1,220 touched on January 24, 2018 in intra-day trade.

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, announced a partnership with Moneythor, a Singapore-based data-driven digital banking provider.

The Moneythor platform, integrated with Finacle, will enable financial institutions to deliver personalised recommendations and insights to customers on numerous digital channels and devices, the company said in a press release.