Rs 8,600 crore selloff! Infosys most sold stock by mutual funds in December. Time for a U-turn?

Mutual funds divested Rs 8,600 crore of Infosys shares in December. The IT major has since reported better-than-expected Q3 results and increased its full-year growth forecast. This performance is now attracting investor attention, signaling a potential stabilization in the stock’s outlook. Analysts are revising targets upwards, anticipating accelerated growth driven by AI services.