TCS reported a 4.4 per cent growth in its consolidated net profit at Rs 6,904 crore for the March 2018 quarter and its board recommended a 1:1 bonus share issue.
The NSE Nifty rebounded by 39 points to finish at 10,565.30 today following fresh buying in metal, IT, infra, realty, media, FMCG and pharma sectors.
Benchmarks ticked higher in see-saw trade today as metal stocks outperformed in tandem with soaring global commodities prices.
Markets remained firm during the week despite trade and geo-political tensions. The Nifty gained in all five trading sessions – the first time since November 2017.
Nifty continued its positive momentum for the sixth straight session to end at 10,458.65, up 41.50 pts, led by gains in IT and banking stocks.
Benchmark Sensex advanced for the sixth straight session to end above the key 34,000-level today, led by gains in IT, banking and capital goods shares.
The 30-share Sensex gained 60 points to 33,940.44, while the broader NSE Nifty finished at 10,417.15, up 14.90 points.
Tata Sons sold shares valued at nearly Rs 9,000 crore in Tata Consultancy Services (TCS) through open market transactions.
The BSE Sensex provisionally closed on a flat-to-negative note after a huge sell-off in stocks of IT major Tata Consultancy Services (TCS) pulled the index lower.
The 30-share barometer rose 44.58 points, or 0.13 per cent, to 33,962.52 in early session.
Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues
AB Group To Sell Stake & Promoter Entities Of Co
In Talks With Large PE Funds
Deal Will Let AB Group Maintain Current Shareholding
PE Investors To Get Indirect Stake In Idea
Bags Orders For Rural-Urban Electrification Project
Project worth Rs 3577.93 Cr
Projects under Saubhagya Yojna
Projects to be completed within 15 months
Board Meeting On April 19 To Consider Various Bids Received
CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co
Offer Represents 25.02% Stake, With Price Of Rs 400/Sh
To make an investment of rs 500 cr in GIFT City
Will develop about 1,000 housing units in GIFT City
Residential footprint rises to 10 cities with investment