Infosys shares tank 9% post Q1 results. How to trade them now?

After Infosys reported lower-than-estimated June quarter results, the shares of the IT major plunged over 9% on BSE to Rs 1311.60 in Friday’s early trade.

An overnight slump in US tech stocks, on fall in Netflix and Tesla, also rubbed off on Infosys and other IT bigwigs on Dalal Street. TCS, HCL Tech, Wipro and Tech were all trading with cuts between 2-4% in trade.