News for Tata Consultancy Services Limited (TCS.BO)

The 30-share BSE Sensex closed down 689.81 points at 82500.47

Key benchmark indices Sensex and Nifty declined for the third session in a row on Friday, dropping nearly 1 per cent, dragged by heavy selling in IT, auto and energy stocks. Tariff-related uncertainties amid mixed global market trends also added to the pressure, analysts said. The 30-share BSE Sensex tanked 689.81 points or 0.83 per cent to settle at 82,500.47.

Sensex and Nifty decline nearly 1% amid heavy selling in IT, auto, and energy stocks, impacted by global uncertainties.

The 30-share BSE Sensex was down 653.93 points at 82536.35

The NSE Nifty index was trading 99.55 points down at 25255.7

The 30-share BSE Sensex was down 279.36 points at 82910.92

Despite a 5.3% sequential rise in net profit, the cautious outlook from TCS and an unannounced wage hike signal ongoing challenges for India's largest IT services firm amidst broader economic uncertainties and evolving client spending

From the Sensex pack, Bharti Airtel, Asian Paints, Infosys, Bharat Electronics, Tech Mahindra and Eternal were major laggards. However, Maruti, Tata Steel, Bajaj Finance, Bajaj Finserv, Trent and Tata Consultancy Services were among the gainers.

Top gainers & losers : 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.

Indian benchmark indices closed in the red on Thursday, primarily influenced by declines in information technology stocks. Investors exhibited caution ahead of Tata Consultancy Services' earnings report and ongoing uncertainty surrounding a potential U.S.-India trade deal. The BSE Sensex fell by 0.41%, while the NSE Nifty slipped by 0.47%, impacting market capitalization.

TCS has seen growth decline in the past three years, two of which have been under Krithivasan, and reported the slowest growth amongst India's top three IT firms in FY25. Mint takes a look at five issues analysts and investors will follow closely during its earnings announcement tomorrow.

The Nifty IT index closed 0.3 per cent up at 38983.25.

The Nifty IT index was trading 0.01 per cent down at 38862.25.

Nomura sold 4.4 lakh shares of Marathon Nxtgen Realty for ₹29 crore, while NECTA Bloom offloaded 3.6 lakh shares. The stock has outperformed Nifty YTD with 15% gains.

Despite a Rs 16,500 crore FII selloff in IT stocks in Q1FY26, the BSE IT index rose 5.5%, driven by mid and smallcap outperformance. Stocks like Expleo, Intellect Design, and Nucleus surged, even as TCS lagged. Market sentiment hinges on Q1 results and potential US-India trade developments.

India Business News: Indian equity markets brace for a volatile week as the US tariff suspension deadline looms, impacting sectors like IT and pharma. Investors await the

The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities.

Upcoming week crucial for global equities with focus on US-India trade deal, Q1 earnings, oil prices, and rupee-dollar trend.

Nifty weekly performance: Indian markets ended the week on a cautious note, with the Nifty slipping 0.7% amid profit booking and global uncertainty. While easing inflation and lower interest rates may support sentiment, investors remain watchful of the July 9 U.S. tariff deadline. FIIs turned cautious, though DIIs lent stability. Trade-sensitive sectors like IT and auto are expected to stay in focus.