Monday will be a big day for investors in Indian information technology company shares. The board of Tata Consultancy Services would be meeting on Monday to consider a buyback plan. The size, price and mode of buyback will be keenly watched by analysts. Technology companies Infosys and Wipro are facing similar pressure and could be next, feel market experts. Earlier, on January 31, the board of MphasiS had approved a buyback worth a little over ₹1,100 crore.

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