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Tag: tcs

Sensex, Nifty trade flat as investors eye US Fed decision

Indian benchmark equity indices traded flat on Wednesday as gains in metal stocks, following the government’s recommendation of a temporary tax on certain steel imports, offset losses in IT stocks ahead of the Federal Reserve’s policy decision. The BSE Sensex was trading 34 points, higher at 75,335. The Nifty50 was up 15 points, trading at…

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Stocks in news: Dr Reddy’s, Shilpa Medicare, Voltas, TCS, Tata Motors

Domestic markets closed marginally lower last week, reflecting a consolidative tone amid mixed global cues. In today’s trade, shares of Dr Reddy’s, Shilpa Medicare, Voltas, TCS, Tata Motors among others will be in focus due to various news developments. Zydus LifeZydus Lifesciences has received final approval from the US Food and Drug Administration (USFDA) to…

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Loading… recession? 6 market bugs crash IT stocks, Rs 88,000 crore deleted

Loading… recession? 6 market bugs crash IT stocks, Rs 88,000 crore deleted

India’s IT sector is in turmoil, with stocks plunging up to 33% from their peaks as mounting recession fears in the US, downgrades, and target price cuts rattle investors. The top 10 IT stocks have collectively lost Rs 88,000 crore in market value, dragging the Nifty IT index deep into bear territory. Tata Consultancy Services…

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Why TAX collected at source is unfair

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