India’s benchmark indices tumbled on Friday as worldwide artificial intelligence angst continued to singe the stocks of software services providers. As a result, domestic markets ended lower this week, with mixed earnings commentary and profit-booking after last week’s rally adding to the tech-driven selloff. The Nifty 50 and the BSE Sensex fell 1.3% each on…
The decline was led by the IT sector. Nifty IT Index fell by more than 4 percent, registering a weakness of about 10 percent in two days. The impact of the breakdown of ADRs in the American market was also visible on Indian companies. ADRs of Infosys and Wipro fell by about 10 per cent….
TCS on 1 year low: Earlier this week, the country’s largest government bank SBI had left the country’s top IT company Tata Consultancy Services (TCS) behind in terms of market cap. Now today i.e. on 12th February, ICICI Bank has also overtaken TCS in terms of market cap. Actually, this decline in the shares of…
SBI market cap: State Bank of India (SBI) has surged past Tata Consultancy Services (TCS) to become India’s fourth-largest listed company by market capitalisation, following a sharp rally in its stock after stronger-than-expected December-quarter earnings. At close on February 10, SBI’s market capitalization stood at around ₹10.9 lakh crore, exceeding TCS’s valuation of about ₹10.53…
The combined market valuation of nine of the top-10 most valued firms slumped by ₹2.51 lakh crore last week, with Reliance Industries taking the biggest hit, in line with a weak trend in equities. Last week, the BSE benchmark Sensex tanked 2,032.65 points or 2.43 per cent. “Markets witnessed a sharp sell-off during the week,…
Domestic technology stocks staged a strong comeback last week after moving sideways for over a month, supported by better December-quarter growth at large-cap firms, healthier deal pipelines, and management commentary indicating that demand conditions have stabilized. The improved sentiment in the IT sector also helped the Nifty 50 remain higher during the week with mild…
Stocks to BUY Today: Experts’ top picks include stocks like TCS, L&T Finance, IDFC First Bank, Tata Steel and Bajaj Finance… highlights ET NOW Swadesh’s market experts have advised buying 10 stocks for short-term gains on Monday. Experts’ top picks include some big names including TCS, Tata Steel, L&T Finance, IDFC First Bank and Bajaj…
TCS Q3 Results: India’s biggest information technology (IT) services company, Tata Consultancy Services (TCS), on Monday posted a decline in its profit after tax (PAT) for the third quarter of the financial year, even as revenue rose in the low single digit. TCS posted a 13.9% year-on-year (YoY) decline in its consolidated net profit (attributable…
TCS Q3 Quarterly Results FY 2026, Dividend: NSE and BSE listed companies in the stock market are now going to declare their earnings for the third quarter of the financial year 2025-26 (Q3 Quarterly Results FY 2025-26). Based on the earnings of these companies, investors decide their next move in the market and hence, which…
TCS Q3 results today: Shares of Tata Consultancy Services (TCS) saw minor selling pressure ahead of its third-quarter earnings announcement on January 12. TCS’s results will kick off India Inc’s Q3 earnings season, which is being closely watched by analysts and investors, as strong earnings could help offset headwinds facing the Indian stock market, including…
