Infosys’ stock rises toward 6-month high, and longest monthly win streak in 9 years

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Shares of Infosys Ltd. rose 0.5% toward a six-month high in morning trading Tuesday, to buck the selloff in the technology sector and the broader stock...

Shares of Infosys Ltd.

rose 0.5% toward a six-month high in morning trading Tuesday, to buck the selloff in the technology sector and the broader stock market. The information-technology consultant’s stock has now gained 3.9% so far in September, putting it on track for a fifth-straight monthly gain, which would be the longest such streak since the six-month win streak that ended November 2014. Meanwhile, the Technology Select Sector SPDR ETF XLK, -1.30% was down 1.3% and the S&P 500 SPX, -0.42% was off by 0.5%.

 

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