Who8217;s buying Infy

August 8: According to dealers, usually Janus picks up at least 5 per cent stake in any company they invest in. quot;Given the same logic, they might eye 33 lakh shares of Infosys,quot; said the dealer. However, other brokers put the number at 10 lakh shares. quot;And they already have 80 per cent to 85 per cent of their target amount under their belt,quot; said a dealer with a domestic brokerage.

According to market analysts, the whole operation had actually started on Monday. quot;A look at Monday8217;s trading pattern on the NSE reveals that a lot of delivery-based buying had taken place,quot; said a FII dealer with a domestic brokerage. On Monday, on talks of some major announcements in Infosys8217; August 10 analyst meet scheduled at Bangalore, the scrip had closed in the positive territory after falling for five consecutive sessions. According to rumours doing the rounds, on Tuesday, Morgan Stock Broking, CS First Boston and Credit Lyonnais did the job of picking up the stocks from the market, with Morgan executing the major part of the Janus order.