Sensex opens in the green, Nifty above 9900 in opening tick

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Shares of Infosys rose 3.6 percent in the early trade on Thursday as the company announced that it will consider share buyback issue on August 19.

The decision will be taken during a meeting of the board of directors of the company on Saturday.

For the same purposes, the company has closed the trading window with immediate effect and the trading window will re-open on August 22, 2017.

If the buyback is approved, any offers to purchase or solicitations of offers to sell will be made pursuant to a tender offer statement on Schedule to which will be filed with the US Securities and Exchange Commission by the company.

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