Market News
Curated news, earnings updates, and corporate actions for Indian markets.
India's largest IT services company reported better-than-expected quarterly numbers, driven by strong deal wins in BFSI and improved margins across key verticals.
The mega-deal, one of the largest in TCS's history, covers digital transformation and cloud migration services over a seven-year period.
The Monetary Policy Committee maintained its "withdrawal of accommodation" stance, citing persistent food inflation concerns despite easing core inflation.
This marks the company's fifth consecutive buyback program, reflecting continued confidence from management despite a challenging global IT spending environment.
Foreign institutional investors returned to Indian equities as valuations cooled and the rupee stabilised against a resurgent dollar.
The retail chain's ₹8,000 crore IPO has seen healthy demand across all investor categories, with the grey market premium suggesting a 15% listing gain.