Infosys shares jump 9% on Narayana Murthy's return

Infosys shares jumped as much as 9 per cent on Monday after leading brokerages said the return of former chairman N.R. Narayana Murthy as executive chairman is a big positive for India's second largest outsourcer. The stock traded 5.4 per cent higher at Rs 2,537 as of 10.46 a.m. after hitting a high of Rs 2,624.90. Infosys was the top gainer on the 50-share Nifty benchmark.