Will Infosys announce a buyback on April 13?

Here is what leading research houses expect from Infosys' Q4FY17 numbers on Thursday

The fourth quarter results season for financial year 2016-2017 (Q4FY17) kicks off this week, with Infosys set to announce its numbers on Thursday. It has been a challenging quarter for the information technology (IT) companies that saw headwinds on account of H1-B visa related issues. That apart, Infosys had to deal with salary-related conflict between the management and the company's co-founders.

The Nifty IT index has been a laggard in the recent rally, underperforming the markets by a wide margin. Since the Nifty50 index hit its recent low in December 2016, the Nifty IT index has gained around 4.6% as compared