Given that the growth story of the country, a correction of 5 percent from current levels would make markets attractive to investors, says Prateek Agrawal of Motilal Oswal AMC.
The deal, which includes Infosys acquiring Danske Bank's IT centre in India, is for five years with an option to renew for one more year for a maximum of three times.
Infosys vs Wipro vs TCS: Shares of TCS are down 21.32 per cent in a year. Infosys has lost 15.87 per cent and stock of Wipro has plunged 38.59 per cent during the period.