Brokerage house’s prediction on Infosys share
While common retail investors are scared after seeing the decline in the market, the renowned brokerage firm Nomura is very bullish. Nomura has given ‘BUY’ rating to Infosys and increased its target price to ₹1,640. According to Nomura, those who bought in today’s fall can get a hefty return of 33% in the coming time. At the same time, HDFC Securities has also expressed confidence in it and has set a target of ₹ 1,550. On the other hand, big names like Morgan Stanley and Citi have reduced their targets slightly, due to which opinion seems to be divided among investors.