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Markets ended over 1% higher on Friday, amid firm global cues, led by Infosys after the IT major upped its lower end of dollar revenue growth guidance for the current fiscal.
The 30-share Sensex ended up 234 points or 1.2% at 20,507 and the 50-share Nifty ended up 71 points or 1.2% at 6,092.
Infosys, in its September quarter earnings, today said that it expects revenues to grow in the range of 9-10%, up from the previously estimated range of 6-10% this fiscal.
The revised guidance comes on back of improving economic environment in its key market - United States - and winning of some large deals in the recent past.
