Tata Consultancy Services reports a 5.98% rise YoY in its net profit to Rs 12,760 crore for Q1 FY26, beating market expectations.
Sensex and Nifty drop due to IT and telecom weakness, while global equities provide some support amid uncertainty
Among the Nifty 50 pack, IndusInd Bank, Maruti and Tata Steel gained, while Bharti Airtel, Asian Paints, HDFC Life, Apollo Hospitals, Shriram Finance and Nestle declined
TCS' IT services attrition rate (last twelve-month basis) inches up to 13.8 per cent in Q1 FY26, compared with 13.3 per cent in the previous quarter.
Rupee settles higher on optimism about US-India trade deal
Sensex fell 345.80 points or 0.41 per cent to settle at 83,190.28. The 30-share index opened at 83,658.20, up against the previous closing of 83,536.08. However, the index dragged into negative territory amid selling across the sectors. It touched an intraday low at 83,139.97.
TCS Q1 Results 2025 Dividend Announcement: Tata Consultancy Services declared an interim dividend along with its Q1FY26 financial results
India's retail investing boom is slowing down as Groww, Zerodha, Angel One, and Upstox lost 20 lakh active investors in early 2025 due to SEBI's stricter norms & market volatility
From Delhi to Bangalore, WTi Cabs is raising the bar in premium travel with sleek rides, trained chauffeurs, and seamless service.
The OPEC+ producer group comprising the Organization of the Petroleum Exporting Countries plus allies including Russia is pumping more barrels to regain market share after years of cuts to support the market
This sharp increase is due to increased platform fees by major players, resulting in higher revenue realisation and a substantial increase in overall GOV, the report added.
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